South Korea chip exports up 11.5% MoM in early August per Goldman Sachs. China +13.3%, US +10.0%.
Semiconductor demand still solid despite all the cycle fear mongering.
Bullish for SK Hynix, Samsung, $MU, $SNDK.
Memory is hyper-sensitive to supply/demand shifts. This export surge kills the narrative that demand collapsed. If you're betting on a chip downturn, this data says otherwise.
Semiconductor demand still solid despite all the cycle fear mongering.
Bullish for SK Hynix, Samsung, $MU, $SNDK.
Memory is hyper-sensitive to supply/demand shifts. This export surge kills the narrative that demand collapsed. If you're betting on a chip downturn, this data says otherwise.