Is the memory market going to change? Domestic memory giant Changxin Storage's Q1 revenue skyrocketed by 719%, making a whopping 24.7 billion! It is rumored that the price of Changxin DRAM chips is only $150, while the global average price is three to four hundred dollars! American pirate ships have started secretly testing Changxin's DDR5 chips, and Acer and Asus are also aggressively competing for domestic supply chains. Samsung consultant urgently warns publicly that memory prices may collapse in 2028! The global semiconductor storage market is experiencing a dramatic price restructuring triggered by China's production capacity. According to the latest prospectus disclosed by the Shanghai Stock Exchange in May 2026, Chinese DRAM giant CXMT achieved a revenue of 5.08 billion yuan (approximately 7.5 billion US dollars) in the first quarter of 2026, a significant year-on-year increase of 719.13%. The net profit attributable to the shareholders of the parent company reached 2.476 billion yuan (approximately 3.6 billion US dollars), achieving a turnaround from losses to profits and surpassing most A-share technology companies. The explosive growth of financial data is superficially attributed to the tight supply and demand of DRAM and high bandwidth memory (HBM) triggered by generative AI, as well as the cyclical price rebound, but the underlying driving force is the capacity release of Chinese storage manufacturers after process breakthroughs. At present, Changxin Memory has occupied about 7.7% of the global DRAM market share, while Yangtze Memory (YMTC), which focuses on flash memory, has reached 11% to 13% of the global NAND flash memory market share. Market intelligence shows that Changxin Storage's DRAM chip specifications are priced at only $150, while the average price of similar products worldwide is between $300 and $400. Its overall pricing is usually more than 15% lower than industry leaders such as Samsung, SK Hynix, and Micron. This price scissors gap is rapidly penetrating into the global consumer PC and server supply chain. The hardware brand Corsair has been found to be testing and using Changxin storage chips in its Vengeance DDR5 Avengers memory module. Mainstream PC manufacturers such as Acer and Asus have also explicitly requested suppliers to increase their procurement of Chinese storage chips. The rapid expansion of production capacity has raised concerns among traditional monopolistic giants. Kyung Kye hyun, former head of Samsung Electronics' Device Solutions (DS) department and current consultant, publicly warned at the Hanlin Institute of Engineering Forum held in Seoul that with the extremely aggressive capacity expansion of Chinese companies, the supply tsunami of storage chips will fully erupt from the second half of 2027 to the first half of 2028, putting enormous pressure on global memory prices to fall back to low levels. He also pointed out that if Big Tech's capital expenditure return on AI falls short of expectations, the storage industry may even face a dual contraction in price and demand after 2028. In the long run, the global storage industry has long relied on the business model of the three giants controlling production and price, which is now being thoroughly penetrated by the wealth creation effect and large-scale delivery of Changxin and Changcun's IPOs. With the two major storage bases in China, Hefei and Wuhan, achieving growth rates of 74.2% and 62.4% respectively in the electronic information industry in Q1 2026, this popularization movement of storage chips driven by computing infrastructure is shuffling the originally high premium hardware profits into pure low gross profit industrial distribution. The era of giants relying on technology blockade and monopoly premiums to make profits is coming to an end.