I posted this the day before yesterday, and $PENG this earnings report can almost be described as a perfect beat on expectations. Now it has finally broken out of the month-long consolidation range with volume.

Let me quickly summarize the four biggest highlights of this report:
1. Revenue, EPS, and EBITDA all beat market expectations, and the full-year guidance has been raised again.
2. Memory business grew 111% year-over-year, with AI inference and Agentic AI continuously driving demand for high-performance memory.
3. The transformation of the AI Factory Platform has accelerated, with new AI Infrastructure customers added, officially becoming an NVIDIA AI Factory Specialized Partner.
4. Gross margin remained above 28%, with profitability still robust despite rising DRAM costs.

This is no longer just a pure Memory company; it is gradually evolving into an AI Factory Platform company, benefiting from both the AI storage and AI infrastructure themes.

The day before yesterday, I mentioned that there was still nearly 21% short interest in the short term. If volume continues to rise, a 1-3 day short covering cannot be ruled out. Now, sentiment in the storage sector is warming up—the longer the consolidation, the more explosive the breakout.