As the long holiday is approaching, the storage market has generally entered a rest period, and the overall transaction is relatively sluggish. The storage spot market has generally been stable this week. Since the third quarter of last year, although storage manufacturers have actively implemented production conversion and production reduction measures to cope with oversupply in some application markets, the overall storage market is still in a state of imbalance between supply and demand, and storage prices have generally fallen since the fourth quarter of last year, except for the application market of AI servers. The change in the market is gradually being transmitted and reflected in the performance of storage manufacturers and domestic and foreign storage brand manufacturers. So far, NAND prices have generally fallen back to the level at the end of 2023.