Micron Soars 11.7% in Single Day, Storage Chip Sector Boosted by "AI Boom Cycle" Logic

BlockBeats News, June 12th. Micron Technology saw a strong 11.7% gain at Thursday's close, leading to a stabilization and rebound in the global memory chip sector. Market expectations for the sustainability of the storage cycle have once again heated up.

A Morgan Stanley analyst stated that this round of adjustment is more like a phased retreat in an upward cycle rather than a trend reversal. He pointed out that the construction of artificial intelligence infrastructure is continually driving up DRAM demand, and storage remains a key bottleneck in AI computing power expansion.

The analysis believes that current DRAM prices have entered a fast-paced upward channel, with some long-term supply agreements beginning to lock in production capacity, driving the industry's shift from being "spot-driven" to "contract-driven," which may reshape the storage industry's valuation system.

Wolf Research similarly pointed out that AI data center demand far exceeds supply growth, and DRAM and NAND prices may remain high or even rise further in the coming years. With supply expansion constrained, the price hike cycle may extend until 2027 or even longer.

However, analysts also cautioned that historically, storage cycles have often ended in oversupply caused by supply expansion. Whether the current high prosperity can last until 2028 still depends on industry capacity discipline and the extent to which AI demand materializes.