Recently, storage has been bearish, following the cyclical stock playbook: a wave of concentrated capacity expansion landing in 2027–2028 → supply catching up with demand → prices peaking → valuation de-rating. Storage is priced as a "commodity standard part regardless of who makes it" (commodities, cyclical stocks), but the underlying physical technology is also evolving. In the hardware world, one type of product only needs to ensure stable, routine operation; while another type carries a geek spirit, exceeding standard parameters to achieve more extreme performance and efficiency. In the CPU era, Intel handled routine workflow scenarios...