Memory chip concept stocks pull Shannon core up by more than 10%

Xinhua News Agency, June 16, Shannon Core rose more than 10%, while Longco Technology, Baiwei Storage, Ruineng Technology, China Power Port, Jiang Bolong and so on rose. On the news, market research company Yole Intelligence recently released a report saying that due to the reduction of production by memory chip suppliers, the semiconductor market will reach a balance between supply and demand by the end of this year, and product prices will begin to rise before reaching equilibrium.