LONG-TERM SCIENCE AND TECHNOLOGY: THE UNCERTAINTY OF AI DEVELOPMENT ON DRAM MARKET DEMAND

ON 15 JULY, IN RESPONSE TO PRUDENT EXPECTATIONS OF PERFORMANCE THROUGHOUT 2026, THE VICE-PRESIDENT OF CHANGCHENG SCIENCE AND TECHNOLOGY AND SECRETARY OF THE BOARD OF DIRECTORS, YUANWON, STATED THAT THE GROWTH IN PERFORMANCE SINCE THE SECOND HALF OF 2025 HAD INDEED BENEFITED FROM AN AI-DRIVEN OUTBREAK OF DEMAND FOR DRAM AND FROM TIGHT SUPPLY AND DEMAND IN THE INDUSTRY, BUT THAT THE DRAM INDUSTRY WAS HIGHLY PRO-CYCLICAL AND PRICE VOLATILITY AND THAT THERE WAS UNCERTAINTY ABOUT THE DRAM MARKET DEMAND IN AI DEVELOPMENT. COMPANIES WILL CONTINUE TO IMPROVE THEIR RESILIENCE TO CYCLES THROUGH TECHNOLOGY OVERLAY, PRODUCT OPTIMIZATION AND COST MANAGEMENT, BUT THEY WILL REMIND INVESTORS OF THE RISKS OF INDUSTRY FLUCTUATIONS. (CERTIFICATION REPORT)