NuAxi Stream - Real-Time Semiconductor Intelligence

This long-term capacity expansion plan, while addressing structural demand growth, increases future supply potential, exerting a bearish pressure on mid-to-long-term memory pricing by mitigating scarcity premiums.

This aggressive, long-term capacity expansion plan increases future supply potential, which could exert downward pressure on memory prices if demand growth fails to materialize as projected.

Potential long-term supply diversification and cost benefits for non-Korean memory makers; 利空: Korean memory giants' capacity expansion remains constrained by domestic politics, potentially tightening their supply discipline.

The significant capacity increase for a key process node, driven by competitive pressure and high prices, signals a future increase in supply which could put downward pressure on DRAM prices in the medium term.

HBM demand; 利空: potential oversupply of non-HBM AI chips; 关注: Huawei's production capacity versus HBM availability.