Post

Memory stocks are getting absolutely crushed. SanDisk, Micron, and SK Hynix are falling like altcoins. Companies worth hundreds of billions of dollars can still drop nearly 10% in a day.



Texas’s newly elected governor has proposed pausing data center construction until new regulations are introduced. Texas is a major hub for data center expansion, and if projects are delayed, chip and memory purchases could also get pushed back.

Stock prices have already priced in growth for the next few years. If that growth takes a little longer to materialize, the market can’t handle it—let alone a policy change. If you’re looking to buy the dip, be cautious. $MU $SNDK
View Original
This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.
SNDKSNDK-7.93%
MUMU-6.98%

  • 1

Add a comment
Add a comment

Comment
PerpPsychologist
32 minutes ago
$SNDK This name sounds like an altcoin, and its price action does too
0View Original
OBVUndercurrent
40 minutes ago
SanDisk’s price action is so wild, I thought I was looking at some shitcoin’s chart
0View Original
GasGhost
42 minutes ago
Rather than buying the dip in storage, maybe grab some popcorn and watch the show first
0View Original
VolumeLighthouse
43 minutes ago
Before the new regulations take effect, no one dares to place large orders, and the inventory cycle is set to lengthen again
0View Original
LeftSideBuyer
43 minutes ago
First Review
Stock prices getting ahead of themselves is all too common; once the AI narrative loses steam, all those gains have to be given back
0View Original