Counterpoint: Despite the recent pullback in stock prices, the fundamentals of storage chips remain solid.

Counterpoint Research Director MS Hwang stated that the recent pullback in share prices of memory chip manufacturers does not signal a fundamental shift in the memory chip market. Samsung Electronics fell 6.9% on Tuesday, while SK Hynix dropped 6.1%, despite Samsung forecasting another record quarterly performance driven by strong demand. Some investors may believe that most of Samsung’s upside, fueled by expectations of improved profitability, has already been priced in. He noted: "Recent strike actions and political discussions around profit sharing may also spark concerns about future shareholder returns." However, he pointed out that the fundamentals of memory chip manufacturers remain solid. According to Counterpoint’s July memory chip price tracking report, as customers continue to place orders in advance, DRAM prices are expected to rise by 10% to 20% in the third quarter, higher than its initial forecast of 5% to 10%.