Serenity: The long-term demand outlook for storage chips is clear, but the market remains concerned about the sustainability of AI investments and financing risks

The white-haired stock god Serenity stated that the storage chip industry is experiencing unprecedented long-term demand visibility, with large cloud service providers like Google even seeking to sign long-term supply agreements extending to 2035. However, the market is still affected by concerns over the sustainability of AI infrastructure investments and financing risks.

Serenity also cited the views of Dell CEO Michael Dell, who indicated that the shortage of storage chip supply may last for about 4 years, as the construction cycle for new fabs is relatively long, and the related capacity is expected to be released by 2029 to 2030. Dell anticipates that the imbalance between supply and demand for storage chips may further worsen by 2027.