In the South, Samsung Electronics (07747) doubled in value by more than 6%, reaching a 6.2% increase as of the time of writing, with a price of HK$94 and a trading volume of HK$10.41 billion. On the news front, on April 23rd, SK Hynix disclosed its first quarter performance for 2026, with sales exceeding 50 trillion Korean won for the first time, operating profit reaching 37.6 trillion Korean won, and an operating profit margin of 72%, setting a record high since the establishment of the company. The company stated in its financial report that the diffusion of storage efficiency technology will enhance the economic efficiency of AI services, thereby driving the expansion of the overall service scale, which will further boost the demand for memory. Based on this, the company expects favorable price environments for both DRAM and NAND flash memory markets to be maintained. A Goldman Sachs research report pointed out that since the beginning of this year, the demand surge driven by AI servers is pushing the already tense supply chain towards even more severe shortages. The report stated that current server application demand is strong; industry-wide capacity additions are limited, with additional capacity primarily allocated to high-bandwidth memory (HBM), squeezing the supply increment of traditional memory; overall industry inventory levels are extremely low, further limiting supply elasticity. Driven by these three factors, Goldman Sachs has significantly raised its 2026 DRAM price increase forecast from around 150% to +250% to +280%, and its NAND price increase forecast from around 100% to +200% to +250%.