HK Stock Market Move | The leading enterprise in the CSP industry has booked the entire 27-year LTA capacity, and the shortage of storage will continue to worsen.

Storage concept stocks collectively opened higher. As of press time, Montage Technology (06809) rose by 6.08%, to 387.2 Hong Kong dollars; GigaDevice Semiconductor Inc. (03986) rose by 4.95%, to 721 Hong Kong dollars; VSTECS (00856) rose by 3.24%, to 9.88 Hong Kong dollars. According to market media reports, Digitimes Asia on Wednesday cited supply chain sources as saying that leading cloud service providers (CSP) have already booked all available long-term agreement (LTA) capacity for 2027 and are actively moving forward with supply negotiations for 2028. At the same time, several storage module manufacturers have recently received notifications from original equipment manufacturers (OEMs) that they are unable to provide any additional supply beyond the previously committed amounts, as upstream capacity has been redirected to NVIDIA-related AI servers and CSP demand. Sources from the supply chain also revealed that with NVIDIA's Vera Rubin scheduled to start shipping in the second half of 2026 and HBM4 entering mass production, major cloud service providers are increasing their investments in AI data center expansion, intensifying the competition for storage capacity. Most of the capacity for 2027 has already been committed to CSP customers. NVIDIA CEO Huang Renxun previously confirmed that SK Hynix, Samsung Electronics, and Micron have all completed HBM4 certification, have started production, and fully support the Vera Rubin platform.