Global memory sector rebounds strongly, with multiple markets rising in tandem

On March 5th, the global memory sector saw a strong rebound, primarily driven by the strengthening logic of rising memory chip prices, surging demand for AI computing power, and easing market risk aversion.

The A-share memory chip sector rose across the board. Driven by positive factors such as a significant increase in DRAM prices and Biwin Storage's expected profit increase of over 10 times, Biwin Storage surged 8.81%, while GigaDevice and Montage Technology rose 1.34% and 1.54% respectively.

The South Korean KOSPI index surged 9.6%, with leading memory companies rebounding strongly. Samsung Electronics rose 11.27%, and SK Hynix rose 10.84%.

Taiwanese stocks rose across the board, with the Taiwan Weighted Index closing up 2.57%. The memory sector also strengthened, benefiting from rising memory chip prices and favorable AI computing power demand. Nanya Technology, Winbond Electronics, and Macronix all rose, following the overall sector rebound.