AI Data Centre continues to expand and is bringing storage chip manufacturers to market focus. The U.S. storage chip manufacturer U.S. luminous recently became the hot target of Wall Street due to synchronous highs in performance, stock prices and market value, and the market attention shifted to how much longer this round of storage chips is short.
The market value came close to the technology giant.
Migwang, based in Boysi, Idaho, is the main producer of DRAM, NAND and high bandwidth storage HBM. As the demand for AI servers increases rapidly, such products become key components in the expansion of the data centre.
TechCrunch reports that the market value of U.S.G. was once higher than that of Meta and Tesla last Thursday and then fell back. By Friday, the company's market value was about $1.27 trillion, close to $1.39 trillion in Meta and $1,42 trillion in Tesla.
Over the past month, the cumulative increase in United States light stock prices has exceeded 236 per cent, with a collection of $1132 per share on Friday. By contrast, the company ' s share price was below $100 for many years before mid-2025.
AI Server Raise Storage Needs
The key to driving this round up is the centralized procurement of storage chips for AI infrastructure construction. More systems are needed for an AI server than a normal laptop, which rapidly tightens the supply and demand for DRAM, NAND and HBM.
In Weida and large technology companies such as Microsoft, Amazon AWS, Google, Meta and Oracle are increasing their procurement. At the same time, PC manufacturers and other equipment manufacturers, such as Dale, Hewlett-Packard and others, are pre-positioning, further exacerbating supply pressures.
The market referred to the round as “RAMageddon”. It was mentioned that related tensions could continue into 2027 and that price increases for some consumer electronics, including apple equipment and Xbox games, had begun.
There's a lot of money going on. Long-term agreements are the focus.
Against the background of rising demand, the most recent quarter of the United States of America performance has clearly improved. The company ' s third quarter income increased to $41.45 billion per year, while profits rose to $28.2 billion from $18.8 billion during the same period of the previous year. At the same time, the company expects that the fourth financial season will yield between $49 billion and $51 billion.
However, the storage chip industry has long been cyclical. The expansion will require long-term and high capital inputs, and once demand recedes, sectors tend to experience oversupply and falling prices.
In response to the market's concern about the sustainability of the follow-up to the AI boom, Misang stressed that a number of long-term supply agreements had been signed, including cooperation with the British and AAI companies Anthropic. According to the company, 16 strategic client agreements had been signed in areas such as data centres, consumer electronics and automobiles, in the hope of increasing income visibility and reducing traditional cycle fluctuations.
Some Wall Street analysts have therefore raised their judgment on the long-term profitability of the beauty light. According to William Blair analysts, the current demand growth is still faster than the release of new capacity, and the expansion of LTAs has also resulted in better revenue expectations for companies in the coming quarters.