Core Insights - The global storage market is experiencing simultaneous shortages in DRAM, NAND flash, and HDD products, a situation unprecedented in the last 30 years according to ADATA's chairman [1] - Major cloud service providers (CSPs) like OpenAI, Google, Amazon, and Microsoft are now the primary competitors for storage manufacturers, shifting the traditional supply chain dynamics [1] - The focus of storage manufacturers has shifted towards high-value products like HBM and DDR5, leading to a significant reduction in available chips for module manufacturers [2] Group 1: DRAM Market Dynamics - The shortage of DDR4 is expected to last for at least two years, as major manufacturers have nearly halted its production, fulfilling only minimal contractual obligations [2] - The price of DDR4 16Gb has surged approximately 44% in three months and over 413% compared to a year ago, while DDR5 16Gb prices increased by about 83% in just one month [2] Group 2: NAND Flash and HDD Market Trends - The NAND flash market, previously oversupplied, is now heating up due to a shortage of HDDs, forcing companies to purchase more expensive enterprise-grade SSDs [3] - TrendForce predicts a 5% to 10% average price increase for NAND in Q4 due to the surge in SSD orders resulting from HDD production cuts [3] Group 3: Long-term Market Outlook - The current storage crisis driven by AI is fundamentally different from past cyclical fluctuations, indicating a structural demand shift that could sustain a new era of market prosperity until at least 2026 [3]