HBM does not dance alone, "storage super cycle" will not end in 2027! Nomura: Supply side "meaningful incremental" will be in place as early as 2028.

According to the Zhixun Finance APP, a financial giant based in Japan, Nomura Securities recently released a research report tracking the storage chip industry. The report shows that the prices of DRAM/NAND storage chips have sharply increased, with the server DRAM price in the fourth quarter expected to rise by as much as 60%, due to the strong resonance and momentum brought about by the accelerated construction of global AI data centers, resulting in increased demand for enterprise high-performance servers, DRAM + HBM storage systems, and high-performance SSDs in data centers.