Wall Street debates the storage chip "super bull market": Is it relying on AI to "cross the cycle" or the last madness before the recession cycle?

In 2026, the global storage chip industry is undergoing an epic revaluation of its value. Samsung Electronics' market value surpassed $1 trillion, SK Hynix's stock price soared nearly 200% within the year, Micron Technology continuously refreshed historical highs, and SanDisk even rewrote the history of the semiconductor industry with a cumulative increase of over 3000% in the past 12 months. This storage feast driven by AI has also allowed the South Korean KOSPI index to break through the 8000-point mark in less than half a year from 4300 points - an increase of over 85%, leading major stock indices worldwide.