Back in July 2022, a Reuters report called, correctly, the chip industry is facing a toilet paper hoarding moment.

The chip shortage experienced earlier in the year has turned into a glut at leading companies like Nvidia and Micron.

This article shows the signs that the toilet paper hoarding issue may have peaked at Nvidia and Micron.

Inventory is near a record in a decade and so is revenue contraction.

Historically, chip cycles have demonstrated a duration of ~3.5 years. And I foresee the current contraction to end in mid to late 2023.

# US Stocks Opportunities

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  • x2espresso
    ·11-24
    that's true
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  • Siewfong
    ·11-24
    Wee
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  • Ok
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  • 1688NG
    ·11-24
    like
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  • NPC69
    ·11-24
    K
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  • Achan
    ·11-24
    Wew
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  • ngjr90
    ·11-24
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  • [Smile]
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  • Ok
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