Hong Kong Stock Market Movement | Storage Concept Stocks Strengthen Again AI Infrastructure Development Boosts Storage Chip Demand Institutions Expect Industry Supply and Demand Gap to Widen

LootboxPhobia · 2026-03-11T04:29:25+00:00

Storage concept stocks rise again, with GigaDevice Technology up 5.5% and Lianchuang Technology up 2.28%. US Applied Materials is collaborating with Micron and SK Hynix to develop a new generation of chips, driving demand for storage chips and increasing prices. Eastmoney Securities pointed out that the chip design industry benefits from eased geopolitical tensions and the growth of AI applications, and storage chip prices are expected to rise significantly.

LootboxPhobia

2026-03-11 04:29:25

Abstract generation in progress

Proprietary Finance APP learns that storage concept stocks are once again gaining strength. As of the latest report, GigaDevice (03986) rose 5.5% to HKD 398.8; Lankershi Technology (06809) increased 2.28% to HKD 188.

On the news front, Applied Materials announced on Tuesday that it will collaborate with Micron Technology and SK Hynix to develop the next-generation chips critical for artificial intelligence and high-performance computing. As the announcement was made, American tech giants like OpenAI, Google under Alphabet, and Microsoft are rapidly building AI infrastructure, boosting demand for storage chips, leading to supply shortages and price increases.

Orient Securities stated that the chip design sector is being boosted by multiple factors: easing geopolitical risks has driven a rebound in global market risk appetite, while storage chip prices are expected to increase by 30% to 50% quarter-on-quarter in Q2, with industry supply and demand gaps widening; the explosion of AI applications has driven demand for computing power, with applications like OpenClaw pushing demand for CPUs, DRAM, and inference chips to surge.

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