On June 12, Everpure rose 5.09% in regular trading, trading at $72.895/share, with turnover of $75.32 million. The stock rebounded sharply alongside broad strength in the storage sector, driven by sustained tailwinds from AI-related memory demand.
The rally comes as Wedbush Securities recently highlighted Everpure as one of the best vehicles for investors to participate in sustainable NAND and DRAM price increases, maintaining an Outperform rating with a $105 price target. Analysts attributed the favorable outlook to unprecedented supply tightness in NVIDIA's Blackwell GPU ecosystem, where high-bandwidth memory and advanced packaging capacity remain critical bottlenecks.
Industry data shows storage chip prices have surged throughout the year, with DRAM contract prices rising over 90% and NAND prices climbing 55-60% in Q1, while HBM prices surged more than 200%. Analysts expect the supply-demand imbalance to persist as global AI infrastructure investment remains in its early stages.
Within the Technology Hardware, Storage & Peripherals sector, the overall performance was strong. Among individual stocks, Seagate Technology up 6.44%, Western Digital up 6.22%, SanDisk up 5.49%, Apple down 0.96%, Super Micro Computer down 2.39%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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