HK Stock Market Move | Storage concept stocks strengthen again, AI infrastructure construction boosts demand for storage chips. Institutions expect industry supply-demand gap to widen.

Storage concept stocks strengthened again. As of the time of writing, GigaDevice Semiconductor Inc. (03986) rose by 5.5% to 398.8 Hong Kong dollars, while Montage Technology (06809) increased by 2.28% to 188 Hong Kong dollars. On the news front, the American company Applied Materials announced on Tuesday that it will collaborate with Micron Technology and SK Hynix to develop next-generation chips essential for artificial intelligence and high-performance computing. At the same time, American tech companies such as OpenAI, Google under Alphabet, and Microsoft are rapidly building AI infrastructure, driving demand for storage chips and leading to tight supply and higher prices. East Money Information Securities stated that the chip design sector is boosted by multiple factors: easing geopolitical risks promoting a resurgence in global market risk appetite, an expected 30% to 50% quarter-on-quarter increase in storage chip prices in the second quarter, and a widening industry supply-demand gap; the explosion of AI applications driving demand for computing power, with applications like OpenClaw driving a surge in demand for CPUs, DRAM, and inference chips.