Micron's Q3 revenue jumped about 350% year-over-year, but supply limits and price ceilings now restrict further growth, capping valuation expansion. Sandisk continues to see strong earnings supported by solid NAND pricing, yet high valuations and sector rotation risks limit upside. With SK Hynix's upcoming market entry and buyback signals from both companies, the analyst recommends taking profits and holding positions while awaiting clearer sector direction. Both stocks have largely played out their momentum gains, leading to a Hold rating.
Stock markets opened sharply lower as escalating tensions between the US and Iran unsettled investors. The geopolitical uncertainty triggered broad selling across major indices, reflecting fears of potential conflict and economic disruption. Investor...
In 2026, the memory market boom is driven by commodity DRAM rather than High Bandwidth Memory (HBM). Despite strong early growth, DRAM pricing growth is slowing sharply, with gross margins likely having peaked, as seen in Micron's recent guidance. In...
Semiconductor stocks fell sharply this week, with major indexes dropping over 10% and wiping out $1.3 trillion in market value. The selloff was driven by fears about the sustainability of AI infrastructure spending, high valuations reminiscent of the...
Samsung's earnings report caused a sharp decline in chip stocks, particularly those tied to AI hardware, as investors questioned demand for memory chips. This led to a sell-off in companies like Micron. However, investors rotated their focus back to ...
Semiconductor stocks dropped sharply after Samsung Electronics reported quarterly profits exceeding those of Nvidia and Apple, but failed to meet Wall Street's high expectations for AI-driven growth. Samsung's shares fell 8%, and related stocks like ...
