AI Infrastructure Shift Highlights Storage as Key Asset

In the backdrop of the ongoing surge in AI computing power, market attention is subtly shifting from GPUs to a more fundamental bottleneck—storage. According to PANews, the launch of the DRAM ETF marks not just the introduction of a new product but also the first time the capital market has priced 'storage' as an independent asset class. This article delves into the true significance behind this ETF from three perspectives: industrial logic, capital structure, and market sentiment. It represents a direct reflection of the evolution of AI infrastructure and serves as a crucial entry point for global funds to reallocate towards leading storage companies. Additionally, it may become an important indicator of whether the market has entered a crowded trading phase. As storage transitions from a 'supporting role' to a 'scarce layer,' the reevaluation of AI core assets may just be beginning.