1PC
07-19 17:50
The memory sector was hammered again: SNDK down 13%, SKHY off 14%, MU sliding nearly 6%, while bearish SOXS surged. Headlines warn the cycle has further to run, with downgrades & profit‑taking calls piling on. Geopolitical risks like Red Sea tensions only added to the fear.
🐯 My view: this looks like capitulation. After relentless deleveraging, the sector feels oversold, & I think memory stocks are ready to bottom. The supercycle theme may have been shaken, but long‑term demand drivers — AI, data centers, & storage growth — remain intact. For me, patience and selective entries matter more than chasing panic.[Surprised] @JC888 @Barcode @Aqa @DiAngel @Shyon @koolgal @Shernice軒嬣 2000
Memory Enters Bear Market: Micron -30% From Highs, Yet SanDisk Still +580% YTD — Make Sense of It?
The memory sector kept diverging Friday: SanDisk (SNDK) −3.99%, Micron (MU) −0.50%, while SK Hynix (SKHY) edged up 1.13%. The contrast is stark — memory chips have "officially entered a bear market," with Micron down 30% from its peak despite surging AI demand, yet SNDK is still up 580% YTD and called a screaming buy, and Micron draws bulls on strong Q3 results and raised guidance. Seeking Alpha flags Hynix's HBM tailwinds but warns on ADR premium and cyclicality. With "bear market" and "+580% YTD" coexisting, do you trust the AI supercycle — or a cycle peak?
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Comments

  • ZOE011
    07-20 17:43
    ZOE011
    HBM demand still looks firm to me, this washout feels late-cycle panic not thesis break
    • 1PC: 
      Follow your trade plan [Bless] [Salute]
  • fizzzi
    07-20 17:43
    fizzzi
    Long-term demand intact? consumer inventory still looks ugly
    • 1PC: 
      Follow your trade plan [Bless] [Salute]
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