ECLC
04-02 13:13

Read that the recent turbulence in memory sector is due to unprecedented demand and the shortage will last for years. Weigh bullish fundaments vs bearish risks.

SanDisk & Micron Back: Is Memory Bull Trend Still Here?
SanDisk jumped 10.98% to $635.34. Micron also recovered 5%. From a technical perspective, the stock has broken out of its consolidation range, bringing the $650 target back into focus. However, systemic concerns around TurboQuant and OpenAI order cancellations impacting supply-demand dynamics have not been fully resolved. How do you view the recent turbulence in the memory sector? Has the investment thesis changed, or is the bull market still intact?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment