The A-share storage chip sector is experiencing a volatile recovery, with JIANGSU DAGANG hitting the daily limit, KingShine returning to the daily limit, Shannon Semi rising over 10%, and Puya semiconductor and TWSC following suit

The A-share storage chip sector has been repeatedly active, with Yitoa Intelligent Control hitting the daily limit, Puya Semiconductor rising nearly 7%, reaching a historical high, and Shannon Semi, LONGSYS, KAPPA Cloud, Netac, and others opening higher collectively

In the afternoon, the A-share storage chip concept continued to strengthen, with TJ hitting the daily limit, Shannon Semi rising over 5% to set a new historical high, Puya semiconductor increasing over 10%, and Jiangbolong, Sunlord Electronics, GIGADEVICE, Ingenic, and others following suit

The storage chip sector continued to warm up in the afternoon, with Shannon Semi rising over 5% to reach a new high

The storage chip sector continued to warm up in the afternoon, with Shannon Semi rising over 5% to reach a new high, while LONGSYS, Ingenic, GIGADEVICE, Biwin, and iCkey all saw increases. According to data from the China Semiconductor Industry Association, the revenue of listed companies in the storage chip industry grew by 16.08% in the first three quarters, and net profit increased by 26.44%

The price increase cycle has arrived, and the performance of storage chip companies is improving

On October 30th, LONGSYS, Biwin, and other storage chip companies' stock prices hit new historical highs. The recent surge in storage chip prices over the past six months has not only boosted these companies' stock prices but also significantly improved their performance. For example, LONGSYS's net profit in the third quarter increased by 1994.42% year-on-year, while Shannon Semi's net profit in the third quarter grew by 42.81% quarter-on-quarter. Analysts expect that the price increase of AI server storage products may continue until 2026. Industry chain companies are well-prepared for the continuation of price increases and opportunities for domestic substitution