On May 26, memory chips rose again, and the intraday index soared more than 5% to a new high!
Ruineng Technology achieved 6 consecutive price limit boards, Demingli, Hengshuo shares rose to the limit, Longke Technology rose by more than 10%, Shen Technology, Tongyou Technology, Wanrun Technology, Baiwei Storage, Kexiang Shares, Longsys rose by more than 5%, Dongxin shares, Liyuan Information and other stocks followed.
On the news, TrendForce released a report pointing out that global DRAM chip demand is expected to exceed supply as early as July, a change that will reduce the pressure on semiconductor companies struggling due to the chip downturn. In addition, global DRAM demand is expected to exceed 105.4 billion 2GB chips this year, exceeding the estimated supply of 104.3 billion. According to the analysis of market institutions, under the dual drive of the original factory production reduction effect and macroeconomic repair, the storage market is expected to enter a stage of stabilization in the second or third quarter, and domestic storage manufacturers are also expected to usher in localization into an accelerated growth period.
Ruineng Technology price limit analysis: memory chips
The company's products include "Xintianxia" series memory chips. The IC products distributed by the company are semiconductor components in a broad sense, mainly integrated circuit chips and other electronic components, including microcontroller chips, power devices and modules. At present, the company mainly acts as an agent for Infineon, Microchip Technology, PI and other world-renowned IC design manufacturers.
Centaline Securities pointed out that Changjiang Storage has notified that it will raise NAND prices by 3-5% for enterprise-level customers. Memory chip manufacturers Samsung, Hynix, Micron, and Kioxia have successively announced production reduction plans. Micron's inventory turnover days in the first quarter of 2023 decreased month-on-month, and it is expected to gradually return to a healthy level in the future, and storage manufacturers are expected to usher in an inventory inflection point.