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On nonfarm payrolls night, all three major U.S. stock indexes closed lower. Apple, Microsoft, and Google also fell, while Tesla plunged nearly 6%.



So who do you think was quietly rising?

The Philadelphia Semiconductor Index bucked the trend and gained 3.4%. SanDisk soared 11%, SK hynix rose 8%, and Micron gained 6%.

Why?

Because memory chips are experiencing a historic rally:

In the second quarter, the global DRAM market reached $147 billion, surging 56% quarter over quarter to a record high.

Micron also said it plans to double its HBM capacity to compete for orders for NVIDIA’s next-generation chips.

The probability of a rate hike has risen sharply, tech giants are falling, but AI is still rising. What should we do next?
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AAPLAAPL-2.51%
MSFTMSFT-2.03%
TSLATSLA-5.96%
SNDKSNDK+11.88%
000660SK Hynix+3.19%


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DivergenceCatcher
38 minutes ago
SK Hynix 8%, Micron 6%—the Korea-US memory chip duopoly is firmly established.
0View Original
HodlGuitarist
41 minutes ago
DRAM’s month-on-month increase hit a record high of 56%; the data looks like a bubble, but also like essential demand.
0View Original
BubbleGumGuy
an hour ago
Philadelphia Semiconductor Index +3.4% vs. Tesla -6%—the divergence is too stark.
0View Original
RugpullProphet
an hour ago
$147 billion in Q2—I checked the figure three times to make sure I wasn’t seeing things.
0View Original
YieldFarmerJoe
an hour ago
Tech giants fall, AI rises—the classic capital rotation script
0View Original
StainedGlassHODL
an hour ago
First Review
Doubling HBM capacity to compete for NVIDIA orders, Micron made its move early
0View Original
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