According to the CITIC Securities Research Report, there has been a clear correction in the storage sector since June-July 2026 and October 2026. Against the backdrop of a slowdown in product price increases, market concerns about storage supply and demand and competitive patterns have further amplified sector fluctuations. From the perspective of storage companies' 26Q3 earnings report, the shortage of storage supply is expected to continue until 2028 and beyond. Customer demand is driving Changxie to actively sign, while storage manufacturers' new shareholder return policies are being further advanced. We recommend continuing to pay attention to investment opportunities in circuit segments such as HDD, DRAM, and NAND.

Zhitongcaijing · 1d ago
According to the CITIC Securities Research Report, there has been a clear correction in the storage sector since June-July 2026 and October 2026. Against the backdrop of a slowdown in product price increases, market concerns about storage supply and demand and competitive patterns have further amplified sector fluctuations. From the perspective of storage companies' 26Q3 earnings report, the shortage of storage supply is expected to continue until 2028 and beyond. Customer demand is driving Changxie to actively sign, while storage manufacturers' new shareholder return policies are being further advanced. We recommend continuing to pay attention to investment opportunities in circuit segments such as HDD, DRAM, and NAND.