To The Moon

The rally we're seeing across memory stocks—from Micron $Micron Technology(MU)$   to Samsung Electronics $CSOP Samsung Electronics Daily (2x) Leveraged Product(07747)$  and SK Hynix $CSOP SK Hynix Daily (2x) Leveraged Product(07709)$  —is not happening in isolation. Samsung jumping nearly 5% to a record high and SK Hynix gaining close to 3% clearly reflect how strongly the market is pricing in a tightening memory supply cycle. The spillover effect has been just as evident in Hong Kong, where leveraged products tied to these names surged aggressively, amplifying both sentiment and momentum.

At the core of this move is demand, not hype. AI servers, high-performance computing, and advanced smartphones continue to drive structurally higher demand for DRAM and HBM, while supply discipline across the industry remains tight. After years of painful inventory corrections, memory makers are now far more cautious on capex, which increases the odds that any demand surprise translates directly into pricing power rather than oversupply.

From a longer-term perspective, I remain bullish on Samsung and SK Hynix as long as this demand backdrop stays intact. These are not speculative players—they sit at the center of global memory supply, and their technological leadership in advanced nodes and HBM puts them in a strong position to benefit from the AI-driven cycle well into 2026. In that sense, the rally has solid fundamentals behind it.

That said, I wouldn't be surprised at all to see meaningful pullbacks along the way. After such a sharp run over just a few weeks, short-term positioning looks crowded, and expectations are rising quickly. Any hint of demand normalization, pricing resistance, or broader market risk-off could trigger profit-taking, especially given how aggressively leveraged products have already moved.

So my approach is simple: structurally bullish, tactically cautious. I'm comfortable staying long these memory names over the medium to long term, but I also respect that markets don't move in straight lines. Volatility and pullbacks are part of the process—especially after a rally this intense—and for long-term investors, those moments may ultimately prove more opportunity than threat.

As a retail investor, I focus mainly on the US and Singapore markets, combining a mix of technical trading and long-term investing strategies. I enjoy analyzing charts, spotting patterns, and making calculated moves based on both market sentiment and fundamentals. While I'm not a professional, I treat my portfolio seriously and continue to learn and grow with each trade. If you're also navigating the markets and enjoy discussing stocks, options, or market trends, feel free to follow me. Let's learn and grow together as a community.  

@Tiger_comments  @TigerStars