Storage Industry Chain Bottoming Out, Funds Rotating from High to Low

English summary

### Storage Industry Chain Bottoming Out, Funds Rotating from High to Low Time: 2026-07-30 01:12:58 Content: Today's market had no single main theme. The storage chain continued to fall sharply, while AI applications, gaming, solid-state batteries, and consumer sectors took turns taking over. There were many limit-up stocks and rebound patterns, but most were sentiment-driven. Following the usual filtering process: only keeping directions where the logic can translate into industry data. After screening, four lines are worth serious attention. 1. Storage chips: Giants plummeted, the chain entering a clearing phase. SK Hynix's earnings report disrupted the market. SK Hynix's second fiscal quarter operating profit surged 557% year-on-year, which looks impressive but missed market expectations. Coupled with renewed discussion of circular lending among AI companies, concerns about AI overinvestment intensified, and SK Hynix's stock price fell up to 19% intraday. A-shares reacted directly: Tongfu Microelectronics hit limit-down for the second consecutive day, while Yageo Technology and GigaDevice touched limit-down intraday. In the afternoon, CXMT surged nearly 15%, easing sector sentiment somewhat, and Puya Semiconductor ended its five-day losing streak, closing up over 9%. ...