Samsung DRAM contract prices rise another 30%; after market volatility, storage chips rebound, and Bocheng Shares hit two consecutive limit-up boards within 4 days.

On April 7, the storage chip sector fluctuated and rose, with Bai Cheng Co., Ltd. (601133.SH) closing back after the afternoon, achieving 2 boards in 4 days. Earlier, Shenzhen Huaqiang (000062.SZ), Kangqiang Electronics (002119.SZ), Quartz Holdings (603688.SH), Shengquan Group (605589.SH), and others hit the daily limit. Weice Technology (688372.SH), E-ya Information (002183.SZ), Unigroup Technologies (688449.SH), Sangluo Electronics (300975.SZ), and others also followed higher.

On the news front, Samsung Electronics said that after DRAM contract prices rose by 100% in this year’s first quarter, DRAM contract prices in the second quarter will again rise by 30% quarter-over-quarter. Samsung Electronics has confirmed that by the end of March it completed price negotiations with major customers and signed supply contracts. The 30% DRAM contract price increase includes HBM needed for AI chips and general-purpose DRAM needed for PCs and smart phones.

Previously, Xiaomi released an announcement stating that due to the sustained, sharp surge in the prices of key components such as global storage chips, the company will adjust the suggested retail prices of some products sold starting April 11, 2026. Previously, on March 24, Xiaomi’s CEO Lu Weibing said during an earnings conference call that the speed and magnitude of the memory price increases exceeded expectations, and that the entire consumer electronics industry may be affected. ASUS also warned that PC prices in the second quarter could rise by 25% to 30%. The main driver of this round of price increases is that global tech giants are pushing hard to develop AI compute infrastructure, creating a “suction effect” for consumer-grade storage chips, leading to tight supply.

Data from the National Bureau of Statistics shows that in January to February 2026, profits of above-scale high-tech manufacturing rose 58.7% year over year. Among them, profits in semiconductor and discrete device manufacturing grew as much as 130.5%, which confirms a resonating effect between inventory clearing in the industry and a rebound in demand.

Datong Securities said that the electronics industry is currently at a stage where three sets of logic are intertwined: “the rise of domestically produced compute power + accelerated substitution of semiconductor equipment and materials + expectations of supply-chain price increases.” The explosive growth in domestic Token call volume has already substantially driven domestic large-scale models to achieve a breakthrough in global competitiveness in the commercialized API track, which in turn has helped domestic AI compute hardware move from “available” to “scale commercialization.” The landing of core products such as Ascend 950 marks that domestic AI chips have entered a mass-production and scaling period.