2026/02/04 13:11:08
Economic Daily reporter Cui Xinfang/instant report
In response to recent media reports pointing out that Changxin Storage (CXMT) sells DDR4 at a much lower price than the market price, raising market doubts about the price trend of the old generation memory, and the market is highly concerned about the authenticity of the news. Morgan Stanley (Morgan Stanley) Securities quickly issued the latest report, believing that the content of the relevant report is incorrect.
It is understood that Yan Zhitian, an industry analyst at Morgan Stanley, pointed out that Changxin Storage no longer provides its own DDR4 products, and at this stage, it mainly supports GigaDevice's DDR4 and LPDDR4 products in the foundry mode, and has not sold DDR4 inventory at a low price.
On the other hand, GigaDevice's recently released preliminary financial report also mentioned that benefiting from rising prices, the amount of DRAM purchased from Changxin Storage in the first half of 2026 increased compared to the same period last year, which is inconsistent with the rumored "low-price dumping" statement in the market.
In addition, the old-generation memory manufacturers within the scope of Morgan Stanley's research are still optimistic, and reiterated that Winbond (2344) is the "Top Pick".
money.udn.com
Economic Daily reporter Cui Xinfang/instant report
In response to recent media reports pointing out that Changxin Storage (CXMT) sells DDR4 at a much lower price than the market price, raising market doubts about the price trend of the old generation memory, and the market is highly concerned about the authenticity of the news. Morgan Stanley (Morgan Stanley) Securities quickly issued the latest report, believing that the content of the relevant report is incorrect.
It is understood that Yan Zhitian, an industry analyst at Morgan Stanley, pointed out that Changxin Storage no longer provides its own DDR4 products, and at this stage, it mainly supports GigaDevice's DDR4 and LPDDR4 products in the foundry mode, and has not sold DDR4 inventory at a low price.
On the other hand, GigaDevice's recently released preliminary financial report also mentioned that benefiting from rising prices, the amount of DRAM purchased from Changxin Storage in the first half of 2026 increased compared to the same period last year, which is inconsistent with the rumored "low-price dumping" statement in the market.
In addition, the old-generation memory manufacturers within the scope of Morgan Stanley's research are still optimistic, and reiterated that Winbond (2344) is the "Top Pick".
大摩火速闢謠：長鑫存儲低價拋售 DDR4 報導不正確 | 市場焦點 | 證券 | 經濟日報
針對近期多家媒體報導指出，長鑫存儲（CXMT）以遠低於市場價格銷售DDR4，引發市場對舊世代記憶體價格走勢的疑慮，市場高...
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