The supply of storage chips is in short supply, with storage chip prices rising by 100%.

Jin10 data reported on October 30th that since September, the prices of storage chips have begun to rise, and the upward trend has accelerated entering the fourth quarter, with downstream manufacturers scrambling to stock up. Some production enterprises are operating at full capacity, yet there is still a supply shortage. This round of big pump in storage chip prices is the result of multiple factors resonating in the global market. On one hand, to pursue higher profits, major global storage chip manufacturers have shifted a large amount of production capacity to high-end chips used for artificial intelligence and data centers, resulting in a sharp decline in the supply of traditional storage chips. On the other hand, the storage chip industry itself is cyclical. After experiencing a period of low prices, manufacturers have actively reduced production to destock, accelerating the reversal of supply and demand relations and pushing prices into an upward cycle. A responsible person from a semiconductor company stated that the rise in prices in the storage chip spot market varies from 60% to 80%, with some popular storage chip models seeing price increases of up to 100%. Journalists have learned that storage chips have a wide range of applications and the demand continues to expand, indicating significant market potential ahead. Industry insiders believe that considering the current strong market demand, supply shortages, and the upward cycle of the industry, the strong price momentum of storage chips is expected to continue for some time.