A rare price surge has hit Shenzhen's Huaqiangbei electronics market, with storage products like solid-state drives (SSDs) and DDR4 memory modules doubling in price over three months—outpacing even the gold market. Some consumers and merchants are calling it the "best wealth management product of the year."

**Market Observations: Prices Double, Changing Daily** On November 6, reporters visiting Huaqiangbei found merchants lamenting, "Prices change daily, and stock is scarce—everything is rising."

Common storage products have seen staggering price hikes. For SSDs, SanDisk's 1TB model now retails at 588 yuan, while domestic brand Kimtigo's equivalent rose from around 260 yuan to 415 yuan. Samsung’s 1TB SSD surged to 1,020 yuan, with the 2TB version at 1,450 yuan—though many shops report stock shortages.

Smaller stores displayed empty SSD boxes, with staff calling warehouses for orders on demand. One merchant admitted, "We’re afraid to stockpile—prices could drop, but these three months have seen faster gains than gold, hitting new highs daily."

At a SanDisk outlet, staff noted, "We used to focus on bulk orders, but shortages now limit us to retail. The 1TB SSD is 588 yuan retail, 510 wholesale; 2TB is 960 retail, 920 wholesale—but we only have one 2TB unit left."

**DDR4 Memory Spikes** Samsung’s 16GB DDR4 now sells for 410–420 yuan, up from 200 yuan in September and below 100 yuan last year. Domestic brand Bory’s 16GB DDR4 jumped from 200 yuan to 460 yuan in three months. A Samsung agent explained, "Most inventory is old stock—DDR5 demand for AI has squeezed DDR4 production. Who’d expect last year’s sub-100-yuan product to become hard currency?"

The surge extends to external hard drives and USB flash drives. SanDisk’s 1TB portable drive now costs 690 yuan, and a 128GB flash drive rose to 72 yuan—both up about a third since August.

**Outlook: Continued Rises, Hidden Risks** The AI-driven demand for high-bandwidth memory (HBM) and DDR5 has tightened supply, with giants like Samsung and SK Hynix shifting capacity. Analysts warn this "abnormal spike" carries risks, predicting hikes until Q1 2024 before plateauing.

In China’s A-share market, module makers profited from inventory strategies: Longsys (江波龙) posted Q3 net profit of 698 million yuan, up 1,994% YoY, with inventory hitting 8.52 billion yuan. BIWIN (佰维存储) swung from a 226-million-yuan H1 loss to a 256-million-yuan Q3 profit, up 564%. Distributors like Shannon Semiconductor and tech leader Montage (澜起科技) also gained.

Year-to-date, Shannon Semiconductor, Longsys, BIWIN, and Montage surged 467%, 213%, 107%, and 97%, respectively, buoyed by the storage rally.