---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42974843.md"
description: "The logic behind low-end storage feels like it's falling apart; with domestic capacity expansion, the low-end segment will basically be taken over. I'm not sure if the HBM thesis can hold up."
datetime: "2026-07-28T02:04:05.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42974843.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42974843.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42974843.md)
author: "[只问敢勇](https://longbridge.com/en/profiles/19590692.md)"
---

# The logic behind low-end storage feels like it's f…