Prosperity Continues to Spread, Institutions Are Bullish on the Memory Chip Sector

Since the beginning of this year, the memory chip sector has experienced a strong upward trend, supported by a robust industry cycle and earnings performance. Choice data shows that as of March 25, the CSI Memory Chip Industry Index has risen by 19% year-to-date. Multiple institutions believe that despite the memory industry having already undergone a round of increases, the sustainability of the current cycle may exceed expectations, supported by multiple factors including AI drivers, tightening supply, and the diffusion of prosperity. Valuations for related companies still have room for improvement, and the memory chip industry is entering a crucial window for continued high prosperity. (Shanghai Securities News)