The bottom logic of the storage chip unit, which has fallen over 20% over the last few weeks, is revalued

On 11 July, SK Hercules appeared on the United States market, raising market interest in the US stock chip plate. Since the beginning of the year, the plate has risen in strength, followed by a collective response, and this week has also been one of sharp fluctuations. What's the central reason? What are the potential risks behind this? Industry has indicated that, in the history of the chip-storage industry, producers tend to simultaneously expand their capacity, leading to the release of new concentrated capacity, a sharp fall in prices and losses for the entire industry; then the producers collectively contract capital spending, waiting for the demand to warm up, and then rekindle — a cycle that is industry-specific. Since the U.S.U. chip storage unit reached its high point in late June, news such as the sale of calculus by Meta has raised concerns about overcalculations in the market, and the stock of chips has met with a collective response. Data show that the leading sectors, such as Moody, Light Technology, Hightech and Western Data, have all fallen by more than 20 per cent over the past few weeks. Analysts point out that the industry ' s bottom logic that currently supports the need to store chips is being re-evaluated and that the core variable is whether or not the technology gap between major AI models will continue to narrow. Analysts also pointed out that the storage chip industry was undergoing a profound change in its business model: in the past, it had been more like a bulk commodity, with prices on the market, and contracts were mostly quarterly and annual; now, cloud manufacturers and the AI data centre were increasingly signing long-term supply agreements with the original plant for three to five years, price zones, minimum purchases and customer bonds to secure critical supplies。