TAW
01-05

Micron is the new king of AI investment path. 

After the Storage Rally, A Healthy Reset or a Trend Reversal?
Storage names sold off broadly Thursday after a strong recent rally. SanDisk fell nearly 10%, while Western Digital dropped over 6%. Micron Technology and Seagate Technology each slid more than 3%. But BofA Securities reiterated a Buy on SanDisk with a $390 target, highlighting the gap between near-term price action and longer-term AI-driven storage demand expectations. After a sharp run-up, is this storage sell-off just profit-taking or a sentiment shift? With AI memory demand intact, are dips in names like SNDK and MU opportunities?
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