2026-01-16 09:26:09

Recently, the actions in the storage chip sector are worth paying attention to. SanDisk and Western Digital both hit new highs, with SanDisk rising over 9% and Western Digital also gaining more than 6%. Micron and Pure Storage each increased by over 3%.

Behind this rally, institutions have provided interesting insights. Bernstein analysts believe that AI-driven data growth is beginning an "unprecedented storage supercycle"—a statement with significant weight. They directly raised SanDisk's target price from $300 to $580, nearly doubling it.

Not only Bernstein is optimistic about this logic. Wells Fargo also followed suit with price adjustments: SanDisk from $230 to $380, Western Digital from $180 to $260, and Micron from $335 to $410. These adjustments are substantial, indicating that institutions are generally reassessing the growth potential of storage demand.

The volume of data for AI model training and inference is indeed changing the entire storage industry’s demand curve.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

22 Likes

Reward
22
8
Repost
Share

Comment

0/400

GhostAddressMiner

· 01-19 09:14

Hmm... the adjustment range is a bit too uniform, it sounds like a signal coordinated by the protocol. Wait, these institutions suddenly flocking to bullish storage, the capital migration path should be investigated. "Unprecedented super cycle"... this kind of statement is always paving the way for retail investors to take the fall.

View OriginalReply0

LiquidationSurvivor

· 01-18 18:20

The wave of storage chips really got the bottom right this time, with SanDisk's target price doubling, and institutions are all frantically adjusting their positions. AI data is exploding so rapidly that storage chips have truly become a necessity... It was obvious to see this logic long ago. Target price from 300 to 580? Bernstein's adjustment is outrageous, but on the other hand, AI indeed needs storage. Western Digital's surge... feels like just the beginning, there’s more to come. Institutions are unanimously bullish on the super cycle of storage, does no one see the risks? It always feels like the danger is right here. SanDisk's price adjustment is a bit exaggerated, but AI training really does require massive storage, no doubt. With storage chips rising so fiercely, could this be another round of hype... but the logic does hold up.

View OriginalReply0

SoliditySlayer

· 01-18 04:49

Wait a minute, SanDisk doubling directly? I need to think about this... AI super cycle, right? Then storage is indeed a necessity. --- Institutions are flocking to adjust prices, this thing is too attractive. Why does it feel like storage is the real market mover? --- NG, the recent surge in storage prices is a bit outrageous, but on the other hand, AI consuming data is indeed a valid point. --- I'm a bit skeptical about the target price doubling, but data growth is definitely a hard demand. --- Is the super cycle of storage coming? Feels like anyone who didn't buy SanDisk will regret it haha. --- Micron is also rising, it seems institutions are really confident in this direction. --- Only a 9% increase to say new highs, can the market reaction be any faster... --- In the AI era, whoever controls storage controls the future. That logic makes sense. --- I just want to know how long this wave can last. Such an exaggerated target price, could it be another institution cutting the leeks? --- Storage chips are indeed undervalued. How did I not think of this before?

View OriginalReply0

OnChainDetective

· 01-16 09:54

Wait, SanDisk from 300 to 580? This amplitude... is too neat, I need to find out who's behind this move. The collective price adjustment by institutions, we need to look at large transfer records to have a say—who got in first, how the funds are flowing... Just listening to stories isn't enough. "Unprecedented super cycle," just this one phrase doubled the target price? I feel like someone is trying to accumulate shares. This wave of increase is too uniform, it's suspicious, I need to monitor the subsequent movements of whale addresses. Bernstein and Wells Fargo singing together, is this really AI-driven narrative or another black box operation? Storage indeed can rise, but this pace... I always feel like big players are secretly watching retail investors.

View OriginalReply0

AirdropBuffet

· 01-16 09:54

The current trend in storage chips looks real; the explosion of AI data definitely requires storage solutions. Did SanDisk double in price? Are institutions crazy or have they really seen something?

View OriginalReply0

VitalikFanAccount

· 01-16 09:49

The recent trend in storage chips has institutional target prices doubling, which sounds a bit intense... but the growth in AI data is indeed a real demand, not just hype. Companies like SanDisk and Western Digital are catching the wave.

View OriginalReply0

BridgeTrustFund

· 01-16 09:47

Regarding the storage supercycle, it feels like another overhyped concept... but this time, the data volume is indeed different. SanDisk's doubling of amplitude is a bit exaggerated; are institutions rushing to buy? AI data explosion is real, but can storage stocks capitalize on this wave of dividends? It depends on the subsequent supply chain. Target price of 580? I just want to know when SanDisk can stabilize at this level. The clustering of institutions adjusting prices makes me a bit cautious—is this consensus or a relay game? Are storage chips this time just riding the AI hype, or is there real demand? The key is the actual procurement volume from data centers.

View OriginalReply0

BoredStaker

· 01-16 09:44

The surge in storage chips is outrageous, with SanDisk directly doubling its target price? Is AI really eating into the storage industry's market?

View OriginalReply0