According to the CITIC Securities Research Report, the stock price correction of the world's major storage companies from June to July was not due to weak performance; it was more a concentrated release of market concerns after the price increase peaked. Overall, the Q2 performance of related companies was in line with expectations. The products are still in an upward cycle of price increases, and the share of AI-driven data center revenue continues to rise. Looking forward to the future, although the price increase of storage products has slowed, considering that the storage industry is still in short supply in 2027, it will effectively support the gross margin and profitability of industrial chain companies in the future. Furthermore, for LTAs that receive the most attention in the market, it can be seen that related companies are currently using 3-5 year LTAs to target the needs of large customers. Flexible pricing mechanisms and lower price limits are also expected to reduce profit fluctuations and increase valuations. It is recommended to focus on HDD, DRAM, and NAND tracks.

According to the CITIC Securities Research Report, the stock price correction of the world's major storage companies from June to July was not due to weak performance; it was more a concentrated release of market concerns after the price increase peaked. Overall, the Q2 performance of related companies was in line with expectations. The products are still in an upward cycle of price increases, and the share of AI-driven data center revenue continues to rise. Looking forward to the future, although the price increase of storage products has slowed, considering that the storage industry is still in short supply in 2027, it will effectively support the gross margin and profitability of industrial chain companies in the future. Furthermore, for LTAs that receive the most attention in the market, it can be seen that related companies are currently using 3-5 year LTAs to target the needs of large customers. Flexible pricing mechanisms and lower price limits are also expected to reduce profit fluctuations and increase valuations. It is recommended to focus on HDD, DRAM, and NAND tracks.