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Live Updates  >  Live Update Details

2026-07-14 13:32:13

[HSBC: Storage Supercycle Not Yet Peaked, Bullish on SK Hynix HBM Prospects] (1) HSBC analysts believe that concerns about the peak of the storage cycle may be premature. As AI-powered office productivity is improved and workflows are reshaped, the storage supercycle is expected to continue; at the same time, improved AI service profit margins support strong cloud spending, and hyperscale cloud service providers are unlikely to slow down their computing power expansion in a highly competitive market. (2) The next-generation high-bandwidth memory HBM4 is gradually being introduced into the market, and the upward trend in HBM product prices is expected to continue. (3) Among South Korean technology stocks, HSBC prefers SK Hynix because of its larger exposure to HBM; it is expected that after HBM4 is widely used in 2027, SK Hynix's market share in HBM is still expected to remain at 50% to 55%.

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