Svmuu News: Nomura Securities, in its latest report, believes that the core contradiction in the global storage industry remains a severe supply shortage, and AI-driven structural demand growth has not yet peaked. Recent investor concerns about oversupply are clearly excessive, and the market's overreaction may provide a window to re-evaluate valuations in the storage sector. Nomura Securities stated directly in the report that market concerns are severely exaggerated, as the cycle for semiconductor investment to translate into actual production capacity is extremely long. South Korea's investment plan of 4800 trillion Korean Won will take at least 5 to 10 years to translate into actual capacity, and the squeezing of general storage capacity by high-profit HBM (High Bandwidth Memory) is leading to severe supply shortages in the market. Nomura Securities emphasized that Meta's decision is by no means an inflection point for reduced AI-related hardware demand. On the contrary, due to the current shortage of hashrate supply leading to an upward trend in single Token prices, Meta's entry into the hashrate market is expected to help Token prices stabilize downwards. (Jinshi)