$MU Plunged 10%! Meta Ignites a Reversal in the AI Computing Logic—Is Now the Time to Buy the Dip?


Brothers, Meta's news about building its own cloud business has directly ignited AI storage stocks, with MU plunging 10.57% overnight.
News:
Meta plans to build its own cloud and sell surplus AI computing power, which the market interprets as a peak in capital expenditure for hyperscalers. Storage stocks have become the hardest hit—SNDK down 10.62%, STX/WDC both down over 5%. Korea's stock market opened down 5%, triggering a circuit breaker, with panic spreading to Asian markets.
Technicals:
Current price 1038, approaching the lower Bollinger Band at 992. MACD has turned negative, with bearish momentum strengthening.
Resistance above: 1063, strong resistance at 1100.

Support below: 992; if lost, look to 950.
Gongming's View:
The AI computing logic is being repriced, with short-term sentiment bearish. However, MU's fundamentals remain unchanged, and a recovery may follow after the panic sell-off.
Trading Strategy:
For the conservative, wait for a bounce to the 1055-1065 area to go short. For the aggressive, go short near the current price of 1045.
#沃什宣告终结前瞻指引 #Circle股价重挫17%
MU-1.48%
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