Opinion: Worried that the memory chip sector may repeat NVIDIA's trend of "fundamentals hitting new highs, stock price moving sideways"

Golden Finance reported that Citrini researcher Jukan posted on X platform, stating that the current market's expectations for the memory chip sector are already at a high level, and regardless of whether the earnings report beats expectations, stock prices may face pressure. If earnings exceed expectations, the market may worry about the industry cycle peaking; if earnings fall short, it could be interpreted as the end of the memory chip boom cycle. Jukan also stated that there are concerns the memory chip sector will repeat the previous trend of NVIDIA, where "fundamentals continued to hit new highs, but stock prices were range-bound for a long time," meaning corporate earnings keep setting new records, but due to market expectations already being fully priced in, stock performance remains relatively flat.
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