Technological iteration has occurred, costs have been reduced, and instead, demand will expand due to the universal benefit effect.
Google has made models run more memory-efficiently. The same storage can run more models, application scenarios will grow explosively, and total storage demand will rise instead of fall.
$XL2CSOPHYNIX(07709.HK) continued to average down today. Those short essays from Google are just like last year's DeepSeek not needing computing power. That paper said that key-value storage doesn't affect the overall usage scale; you only need to look at orders and spot storage prices. Currently, SK Hynix's P/E ratio is only 10, not even counting the big surge in storage prices over the past few months. The P/E ratio for the next few quarters could likely drop to 5-7.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
