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benzinga Corporate Catalyst Impact 85/100 ● negative

Shares of memory and storage-related companies are trading lower. DeepSeek released its V4.1 Flash model that needs just a quarter of the HBM capacity of the Flash V4 model and just one-eighth of the SSD storage, which may bode for lower memory demand if duplicated across global LLMs.

Sep 11, 2026, 4:51 PM UTC · Primary ticker $MU

DeepSeek's new Flash V4.1 model significantly reduces HBM and SSD requirements, posing a substantial threat to memory and storage demand if widely adopted by other large language models. This technological advancement could lead to a re-evaluation of growth projections for memory manufacturers and storage providers. The immediate market reaction reflects concerns about potential oversupply and price pressure in these sectors.

This headline signals a significant technological leap in LLM efficiency, directly impacting the demand for high-bandwidth memory (HBM) and solid-state drives (SSDs). If DeepSeek's V4.1 Flash model's reduced memory footprint becomes a standard across the AI industry, it could lead to a substantial decrease in overall memory and storage demand, creating an oversupply scenario. This would negatively affect semiconductor manufacturers specializing in HBM and NAND flash, such as Micron, SK Hynix, and Western Digital, as well as server and storage solution providers like Super Micro Computer. Investors should monitor adoption rates of this new technology and its potential to disrupt current growth trajectories in the memory market, potentially leading to downward revisions in earnings forecasts for affected companies.

$MU negative Major HBM and NAND flash producer
$SMCI negative Server and storage solutions provider
$NVDA negative HBM supplier for AI accelerators
$SK Hynix negative Leading HBM manufacturer
$WDC negative NAND flash and HDD producer
Source: benzinga
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Not financial advice. AI-generated analysis for informational purposes only.