Currently, Xiaomi's stock price is around 35, with little change from a week ago. 1. Core dilemma: This year's two "black swans" I think there are mainly two "black swans" affecting Xiaomi's valuation this year: one is the complex public opinion environment, and the other is the recent surge in memory chip prices that has troubled the entire industry. Looking at recent research institutions' interpretations of Samsung's financial report, it's astonishing. Ridiculous price hikes: Recently, it's mainly because AI servers' demand for HBM (High Bandwidth Memory) is 8-10 times that of ordinary servers...