Driven by exceptionally strong demand from AI data centers, storage prices continue to surge. On March 5, storage chip stocks strengthened again. Biwin Storage Technology Co.,Ltd., following a 20% limit-up the previous day, rose as much as 17% intraday before closing 8.81% higher. Dosilicon Co.,Ltd. gained over 9%. Additionally, major weighted leaders performed well, with VeriSilicon Microelectronics (Shanghai) Co., Ltd. rising over 5%, Cambricon Technologies Corporation Limited increasing over 4%, and Hygon Information Technology Co., Ltd. advancing nearly 3%. The HUABAO SHANGHAI SCI TECH INNOVATION BOARD CHIP TRADING OPEN ENDED INDEX SECURITIES INVESTMENT FUND (589190), which offers a comprehensive portfolio of the chip industry, opened higher and extended gains, with its on-market price rising over 3% at one point before paring gains to close up 1.53% in the afternoon.
Recently, TrendForce revised its Q1 2026 contract price forecasts upwards. The expected quarterly increase for standard DRAM was raised from the previous estimate of 55%-60% to 90%-95%, while the NAND Flash contract price increase was adjusted to 55%-60%. The firm noted that surging demand from North American cloud providers has positioned storage chips as the "absolute center stage" in the AI mega-trend, a role no less significant than that of AI chips themselves. Domestically, better-than-expected results from storage leaders further confirm the industry's "super cycle." An announcement showed Biwin Storage Technology Co.,Ltd. achieved revenue between 4.0 billion and 4.5 billion yuan for January-February 2026, a year-on-year increase of 340% to 395%. Net profit attributable to shareholders was between 1.5 billion and 1.8 billion yuan, representing a projected increase of 921.77% to 1086.13%. The company stated that AI computing power and domestic substitution are driving sustained price increases for DRAM/NAND, creating a supply shortage from which the company is benefiting significantly. Dongguan Securities pointed out that as technology companies at home and abroad enter their earnings reporting period, most listed semiconductor companies, particularly in the storage segment, have achieved year-on-year and quarter-on-quarter profit growth. This is driven by the development of AI and computing power industries, the industry's entry into a high-growth cycle, and continuous product price hikes. The firm recommends continuing to focus on investment opportunities in high-growth sub-sectors propelled by AI. Donghai Securities indicated that current industry demand is recovering, AI investment continues to exceed expectations, and storage chip price increases are surpassing forecasts. Despite external pressures, efforts towards self-sufficiency and controllability are intensifying. With relatively high market capital enthusiasm, the firm suggests looking for opportunities to build positions on dips. To position for the chip industry's "super cycle," high-beta stocks are a preferred choice. Public information shows that the HUABAO SHANGHAI SCI TECH INNOVATION BOARD CHIP TRADING OPEN ENDED INDEX SECURITIES INVESTMENT FUND (589190) and its feeder funds passively track the SSE STAR Market Chip Index. This index includes 50 hard-tech constituents involved in semiconductor materials and equipment, chip design, chip manufacturing, and chip packaging and testing. While providing full-chain exposure to the chip industry, it maintains a weight of over 90% in core areas like integrated circuits and semiconductor equipment, reflecting high technological content and strong barriers to entry.
Data shows that as of the end of 2025, the SSE STAR Market Chip Index achieved an annualized return of 17.93% since its base date, significantly outperforming peers like the STAR Market ChiNext Semiconductor Index, the China Securities Chip Index, and the CSI All Share Semiconductor Index, while also exhibiting a smaller maximum drawdown and a better risk-return profile.
MACD golden cross signals have formed, indicating positive momentum for these stocks.
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