$SK hynix(SKHY)$ SK Hynix is now up 7.7% in Korea. KOSPI is up 4.2% and is testing the 7000 level again. That's positive not just for memory stocks but for US markets in general. Nikkei is up 1300, while Hang Seng is down 300.
$SK hynix(SKHY)$ $Micron Technology(MU)$ Kospi has finished its retrace and is heading back up. SK and Samsung aren't that oil sensitive, so selling them just because oil is high doesn't quite make sense to me. The same logic should apply to other semis, and maybe those names will get a fresh look again. You don't sell the most profitable stocks on the planet that aren't oil sensitive while buying other stocks that don't make money and are highly sensitive to oil shocks. That's just dumb. Semis and memory aren't making money off the consumer right now, and that likely won't change for quite some time. Their key customers aren't really sensitive to anything but politics—just politics. Everyone in t
The premium is roughly static, and $SK hynix(SKHY)$ currently trades at a discount on forward earnings compared to US competitors. That discount should erode over time.
$SpaceX(SPCX)$ Watching the Roman space telescope launch go off cleanly, with both boosters landing back at Kennedy Space Center, was impressive. No other launch company has reusable boosters like that, which is why around 100 governments have used SpaceX for satellite launches. Then you add Starlink, the AI work in space and on the ground, and the fact that nobody else has a rocket even close to Starship at this point. That combination makes SpaceX look like a solid long-term hold for years. The critics usually end up with nothing, while patient investors are the ones who get rewarded.
$Applied Optoelectronics(AAOI)$ Thompson Lin pointed out that laser is their main technology and core focus, and they have been working closely with at least five customers. For truly high-volume manufacturing, he thinks it looks more like late Q3 next year. Right now they are adding a lot more MOCVD, epi, and stepper equipment in Houston, and they already have a second fab in the works. The current fab's overall capacity is expected to grow by almost 300% by Q3 next year, and even that isn't enough, which is why they are building a clean room for the second fab in the Houston area. That one is planned to be about four times the size of the current facility.
$SK hynix(SKHY)$ Looks like Kospi is being pushed down toward that lower gap around 6350. It's at 6411 now, down 285. After the gap gets filled, there's a chance it bounces back pretty well. No crystal ball here though.