Last night, US stocks in the storage and optical communication sectors fell across the board. Seagate’s earnings met expectations and briefly surged, but the trend was dragged down by SK hynix. SK hynix’s revenue and profits came in below expectations, and the stock plunged nearly 9% after the US market closed. Fortunately, in the pre-market in Korea, it edged back slightly. The company said it holds orders for HBM4 chips from ten long-term customers, and that HBM4 chips are already shipping in volume.

Now the tech-stock market is contradictory: stocks with good earnings still fall, while those missing expectations fall harder. After institutional funds pull out, even more positive news can’t hold up the tape. Many retail investors only watch whether the share price is up or down, ignoring the industry-chain fundamentals. For China’s computing-power hardware track, the long-term fundamentals for performance remain positive.

This tech-stock pullback is much stronger than in previous years, so there’s no need to be overly anxious. Short-term losses do not mean you’ll miss out long term. Invest according to your capacity, don’t go all-in with leverage, and keep a level head while waiting for the cycle to recover. #SK海力士财报不佳盘后下跌