Not sure it is
Lets wait and see
Memory Stocks Stage V-Shaped Reversal: SK Hynix Surges 27% — Is the Super-Cycle Back?
The memory sector staged a sharp V-shaped reversal. SK Hynix (000660) surged 27.29% to $194, fully reversing yesterday's 9% plunge, while Micron (MU) rebounded 4.92% to $98, SanDisk (SNDK) gained 5.01%, and memory ETF (DRAM) rose 6.86%. CPI cooling to 3.5% eased rate fears as hedge funds bought U.S. semiconductors at the fastest pace in 3.5 years. After this violent reversal, do you think the memory super-cycle is back — and if you're buying, would you pick SK Hynix, Micron, or SanDisk?
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