--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/40127628.md" description: "Samsung, SK Hynix, and Micron have all shifted to signing 3 to 5-year long-term agreements with hyperscale cloud service providers.Major customers include Microsoft, Google, AMD, and other major cloud service providers such as Amazon, Meta, Alibaba, and ByteDance.New contract terms include sales commitments, minimum annual supply levels, advance payments accounting for about 10% to 30% of the contract value, and pricing mechanisms to cope with market fluctuations, including minimum price floors.Negotiations for multiple deals have entered advanced stages or are expected to be finalized in the first half of 2026. Samsung will apply this new policy to contracts starting this year.The market has consistently given them single-digit P/E ratios, with the narrative being that cyclical stocks will eventually crash.Yet, their profits have individually caught up with the M7. They used to supply carbon-based life forms, now they supply silicon-based ones. How can that be the same? 🤔" datetime: "2026-04-23T07:25:00.000Z" locales: - [en](https://longbridge.com/en/topics/40127628.md) - [zh-CN](https://longbridge.com/zh-CN/topics/40127628.md) - [zh-HK](https://longbridge.com/zh-HK/topics/40127628.md) author: "[京城Z先生](https://longbridge.com/en/profiles/9198235.md)" --- # Samsung, SK Hynix, and Micron have all shifted to … ### Related Stocks - [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md) - [AMD.US](https://longbridge.com/en/quote/AMD.US.md) - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) - [09988.HK](https://longbridge.com/en/quote/09988.HK.md) - [SSNGY.US](https://longbridge.com/en/quote/SSNGY.US.md) - [07709.HK](https://longbridge.com/en/quote/07709.HK.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) - [BABA.US](https://longbridge.com/en/quote/BABA.US.md) - [89988.HK](https://longbridge.com/en/quote/89988.HK.md) - [MSFL.US](https://longbridge.com/en/quote/MSFL.US.md) - [MSFO.US](https://longbridge.com/en/quote/MSFO.US.md) - [MSFD.US](https://longbridge.com/en/quote/MSFD.US.md) - [MSFU.US](https://longbridge.com/en/quote/MSFU.US.md) - [MSFX.US](https://longbridge.com/en/quote/MSFX.US.md) - [MSFY.US](https://longbridge.com/en/quote/MSFY.US.md) - [AMDL.US](https://longbridge.com/en/quote/AMDL.US.md) - [AMZU.US](https://longbridge.com/en/quote/AMZU.US.md) - [HBBD.SG](https://longbridge.com/en/quote/HBBD.SG.md) ## Comments (40) - **吧飞特 · 2026-04-23T16:27:06.000Z**: I agree with your view, HBM is only these three companies, this is an absolute technological barrier. We'll leave whenever domestic production breaks through it. - **Seward · 2026-04-23T13:59:32.000Z**: I cannot agree more - **Silas_ · 2026-04-23T11:10:49.000Z**: Some people don't know how dominant the major storage suppliers are now in terms of pricing and supply, even the giants have no bargaining power. - **半山外賣仔 · 2026-04-23T10:52:15.000Z · 👍 1**: The more people question it, the higher the price will go. It's impossible for something that's truly cheap not to rise in the US stock market. - **京城Z先生** (2026-04-23T11:36:28.000Z): It's been rising continuously, but as earnings surge, it's actually getting cheaper the higher it goes. - **半山外賣仔** (2026-04-23T11:37:12.000Z): Yes, it was a death spiral before, but now it's become a positive spiral🌀 - **某L · 2026-04-23T10:39:31.000Z**: Why does it feel like there are many CPOs for Guangmeng, but only a few for Cun? - **京城Z先生** (2026-04-23T11:36:03.000Z): That's how it is - **Liora · 2026-04-23T10:10:17.000Z**: Okay, hold on tight. - **超级无敌涨停板 · 2026-04-23T09:08:46.000Z · 👍 4**: Buy early, enjoy early. Only those who lie flat know how it feels. 🤣🤣🤣 - **京城Z先生** (2026-04-23T09:14:28.000Z): Low-key 😉 - **Jack www · 2026-04-23T08:33:57.000Z**: Strictly holding the 20% risk control line, but what if it rises above 20% by itself 😫, feels like I bought too little before. - **阳光哇 · 2026-04-23T08:30:15.000Z**: Is the minimum storage period visible until next year, sir? - **平步青云 · 2026-04-23T08:06:43.000Z**: Mr. Z, I have been holding this two-fold Hercules in Hong Kong stocks for the long term. Do you suggest switching to the US-listed one? - **京城Z先生** (2026-04-23T08:10:51.000Z): I prefer the underlying stock, it lets me sleep soundly. - **平步青云** (2026-04-23T08:43:41.000Z): Alright, thank you Mr. Z - **3桃子 · 2026-04-23T07:51:08.000Z**: The speed of storage development can't keep up with the speed of computing power development. I don't understand those who still use cyclical valuation. - **京城Z先生** (2026-04-23T07:59:48.000Z): When everyone is bullish, it's time to sell. - **Vito_zhang · 2026-04-23T07:48:13.000Z**: Hercules didn't rise today, so annoying. - **京城Z先生** (2026-04-23T08:00:16.000Z): No stock can rise every day. - **四顾 · 2026-04-23T07:41:45.000Z**: Teacher, could you please advise which of these storage companies offers the best value for money? - **京城Z先生** (2026-04-23T07:43:01.000Z): Hercules - **四顾** (2026-04-23T07:45:33.000Z): I took profits at 32 when it was at 16. Today, the positive news has been realized, it's just a pullback. Need to wait a bit longer before entering the market. - **长投长红** (2026-04-23T07:46:11.000Z): Excuse me sir, what price do you see for SK Hynix's stock? - **买了就涨卖了就跌 · 2026-04-23T07:36:30.000Z · 👍 1**: Hi Z bro, I'd like to ask how to learn about company valuation. Are there any comprehensive and systematic book recommendations? - **京城Z先生** (2026-04-23T07:43:31.000Z): Now AI is the best teacher; just ask it if you don't understand. - **你还年轻，三千万不够 · 2026-04-23T07:33:13.000Z · 👍 1**: allin - **闪迪 · 2026-04-23T07:31:01.000Z · 👍 4**: I have a question. Although the profit has caught up with m7, storage requires capital investment every year, meaning that about half of the money earned might need to be invested in expanding production. Even though it earns a lot, it also spends a lot. Is this something that can't be changed? - **京城Z先生** (2026-04-23T07:33:46.000Z): Expanding production capacity is a very cautious decision. It all depends on whether the client's demand is worth the expansion and how much to expand. Once it triggers a race to the bottom, just like - **投资上学MEM · 2026-04-23T07:27:57.000Z · 👍 1**: Major positive for storage