Memory concept collectively rises, with Chaoying Electronics leading the way in both markets with a daily limit up

At the beginning of the trading day, as the market opened for trading, the memory concept sector rapidly rose, with funds pouring in quickly, driving the sector index to rise rapidly. As one of the leading players in the sector, Chaoying Electronics quickly rose after the opening, reaching the daily limit up within just a few minutes. The number of closed orders continued to increase, and as of the early closing, it still firmly blocked the daily limit up, becoming the core force driving the sector to strengthen. At the same time, individual stocks within the sector simultaneously exerted their strength, with Golden Sun's intraday gains exceeding 12%, indicating a strong performance in stock prices; Stocks such as Shangluo Electronics and Baiwei Storage have also opened higher and continued to rise, with gains of over 5%. Most stocks in the sector have turned red, highlighting the profitability effect.

It is not accidental that Chaoying Electronics was the first to hit the limit up this time, as it cannot be separated from the dual support of the company's own business and industry prosperity. It is reported that Chaoying Electronics' main business is the research and development, production, and sales of printed circuit boards. Its products are widely used in storage fields such as mechanical hard drives, solid-state drives, and memory modules. It has established stable cooperative relationships with globally renowned storage manufacturers such as Seagate, Western Digital, and Hynix. In addition, the company actively expands into high-end fields, increases investment in AI computing power advanced PCB expansion projects, targets high growth markets such as AI servers, and deepens overseas production capacity layout to align with industry development trends. These factors collectively drive the company's stock price to attract market funds.

From the overall perspective of the sector, the initial rise of the memory concept disk is essentially the result of multiple positive logic resonances in the industry, rather than short-term emotional speculation. At present, the memory industry is entering a super cycle of both quantity and price increases. The explosion of AI computing power has given rise to a demand for storage. The DRAM usage of a single AI server is 8-10 times that of traditional servers, and the NAND usage has increased by more than 3 times. The rapid implementation of scenarios such as large model training and data center construction has driven the continuous explosion of storage demand. At the same time, there is a clear imbalance between supply and demand in the global storage industry. Samsung, SK Hynix, and Micron, the three major oligopolies, have voluntarily reduced production, resulting in historically low industry inventories. The ramp up cycle for new production capacity is long, and the shortage is expected to continue until 2027, driving storage prices to continue rising. Relevant companies are expected to fulfill their performance expectations.

In addition, the acceleration of domestic substitution and policy empowerment have also provided strong support for the sector. The third phase of the National Big Fund focuses on investing in the entire storage industry chain, with a clear requirement to increase the localization rate of key areas to over 60%. Domestic storage enterprises continue to make breakthroughs in technology research and development, and the product yield and production capacity of enterprises such as Changjiang Storage and Changxin Storage continue to improve, gradually entering the global supply chain. The market share of domestic storage enterprises continues to expand, bringing long-term growth momentum to related stocks in the sector. At the same time, in recent times, leveraged funds have significantly increased their holdings in memory concept stocks, leading to a significant increase in net financing purchases for individual stocks such as Baiwei Storage and Demingli. The continued inflow of funds has also further boosted sentiment in the sector.