The ETF for storage continues to rise. As of the time of writing, the South China Two Times Long Samsung Electronics (07747) has risen by 2.38%, closing at HKD 103.25; the South China Two Times Long Hynix Semiconductor (07709) has risen by 2.32%, closing at HKD 59.9. On the news front, the global storage market continues to be hot. On May 4th, both Samsung Electronics and SK Hynix stocks hit new highs. By the close of the Korean stock market yesterday, Samsung Electronics rose by over 5% and SK Hynix surged by over 12%. In addition, Micron Technology, SanDisk, Seagate Technology, and Western Digital all hit historical highs overnight. Micron Technology CEO Sanjay Mehrotra stated that as AI demand continues to grow, storage supply tightness is just beginning. He mentioned that as the scale of inference expands, Token demand will rise, thereby driving the demand for higher capacity and higher performance storage to fully realize the capabilities of AI.