Việc NVIDIA điều chỉnh cấu hình bộ nhớ gây ra biến động trong ngành công nghiệp lưu trữ

The Huoxing Finance report states that on June 6, the global memory sector experienced a collective correction following a report from SemiAnalysis regarding NVIDIA’s adjustment to the memory configuration of its next-generation Vera Rubin NVL72 server platform. On June 5, SK Hynix plunged 9.92%, while the A-share memory index fell approximately 4%, with leading declines seen in individual stocks such as Biwin Storage,江波龙 (Wave Memory), Memblaze, and GigaDevice. The previous trading day, Micron Technology closed down 7.74%. The report indicated that NVIDIA plans to reduce the SOCAMM system memory capacity paired with the Vera CPU from 192GB to 96GB, expected to lower the cost per rack from $7.6 million to $6.8 million, saving approximately 10%. This initially sparked concerns over weakening AI server memory demand. However, multiple institutions later clarified that this adjustment only involves the plug-in SOCAMM memory modules on the CPU side, representing a temporary and flexible configuration optimization rather than a permanent hardware downgrade; demand for HBM (High Bandwidth Memory) tied to GPU core computing power remains unaffected. Previously, Morgan Stanley estimated that NVIDIA’s new Vera Rubin (VR200) rack would cost approximately $7.8 million, with memory-related material costs increasing by over 435% compared to the previous generation. Industry insiders also noted that the AI hardware bottleneck is gradually shifting from computing power to memory and interconnectivity. Since the beginning of this year, the global memory sector has remained strong, with the market gradually reclassifying the memory industry’s valuation logic from traditional cyclical stocks to “AI infrastructure assets.” However, as valuations have risen rapidly and trading congestion has increased, any news regarding changes in memory demand may trigger market volatility. Despite the short-term correction, multiple companies along the supply chain still remain optimistic about sustained industry momentum. Biwin Storage stated that the demand for AI computing power will continue to create a supply-demand gap in the short term, leaving room for further price increases; some manufacturers anticipate that this supply shortage could persist until 2027. According to CFM Flash Market data, the global DRAM and NAND Flash market size reached $137.14 billion in the first quarter of 2026, setting a new all-time quarterly high.