Changes in Hong Kong stocks | Storage concepts are rising ahead, SanDisk's long-term financial guidance far exceeds expectations, AI demand is expected to prolong the storage boom cycle

The Zhitong Finance App learned that the storage concept had the highest increase. As of press release, Southern Dongying SK Hynix's maximum daily leverage of 2X products (07709) rose 10.18% to HK$37; Southern Doubled Samsung Electronics (07747) rose 4.05% to HK$82.8; GigaYi Innovation (03986) rose 2.2% to HK$512; and Lanqi Technology (06809) rose 2.23% to HK$293.2.

According to the news, overnight storage giant SanDisk surged more than 13%, and led to a sharp rise in the US stock storage concept. SanDisk's long-term financial goals on Investor Day far exceeded expectations, causing the market to re-examine the cycle pricing logic of NAND in the past. SanDisk expects revenue to maintain medium to high double-digit growth during the 2028-2030 fiscal year; gross margin is expected to remain around 80% and operating profit margin of about 75% under non-GAAP standards. Analysts believe that the company is actually sending a clear signal: the increase in demand for AI-driven storage is expected to make its revenue growth rate and profitability center significantly higher than the average of traditional storage cycles in the next few years.

According to another report, SK Hynix Chairman Choi Tae-won said that next year may be the worst memory shortage in recent years. As demand for AI servers continues to explode, HBM high-bandwidth storage is in short supply, and many tech giants even rushed to South Korea early to grab long-term agreements. Faced with the influx of orders, Hynix admits that production capacity is limited, and even if production is fully expanded, it will be difficult to meet the needs of all customers.