#ai股持续上涨还有哪些投资机会
Is there still a chance for AI stocks? Yes, but the opportunity is no longer in the word “AI” itself.
▪️On 9/22, everything that surged was storage: SanDisk +6.82%, Micron +5.00%, Seagate +4.85% ▪️On the same day, everything that fell was application-related: Microsoft −0.72%, Google −1.07%, Meta −0.63%
▪️SanDisk is up roughly 7x this year; the sell-side covered it for the first time today, and its target price is only 27% above the current price.
“AI stocks” is a bucket that contains two kinds of business. The money on 9/22 moved from “telling stories with AI” to “supplying AI.” The market isn’t buying AI—it’s buying the bottleneck of AI.
On 9/19, Trump said he wants to form an “AI battalion,” and also claimed AI could account for 25% of the U.S. GDP in the future. To build such a huge building, the first contracts to be secured aren’t with design firms—they’re with building-material suppliers. Storage is the building-material supplier: SanDisk has $93.9 billion in order backlog, and 8 major customers have locked in 65% of production for fiscal year 2028. This is orders, not predictions. It’s a long-term positive for the industry, but government support is for the industry, not for any single company.
I’m bullish on the orders in this slot, not on the price at this point—what the sell-side is giving today isn’t upside, it’s confirmation.
I don’t hold any AI stocks, and I’m not chasing this level. Watch three things:
① Whether storage price increases have made it into next quarter’s guidance
② Micron’s gross margin in the 9/30 earnings report
③ Whether the equal-weight index can keep up with the weighted index.
After rate hikes, tech stocks still hit new highs, which shows this round of money isn’t looking at interest rates—it’s looking at who has the harder time ramping production. BTC also hit a new eight-month high in September.
In this wave, do you treat it as a counterattack, or a rebound?
$BTC
Is there still a chance for AI stocks? Yes, but the opportunity is no longer in the word “AI” itself.
▪️On 9/22, everything that surged was storage: SanDisk +6.82%, Micron +5.00%, Seagate +4.85% ▪️On the same day, everything that fell was application-related: Microsoft −0.72%, Google −1.07%, Meta −0.63%
▪️SanDisk is up roughly 7x this year; the sell-side covered it for the first time today, and its target price is only 27% above the current price.
“AI stocks” is a bucket that contains two kinds of business. The money on 9/22 moved from “telling stories with AI” to “supplying AI.” The market isn’t buying AI—it’s buying the bottleneck of AI.
On 9/19, Trump said he wants to form an “AI battalion,” and also claimed AI could account for 25% of the U.S. GDP in the future. To build such a huge building, the first contracts to be secured aren’t with design firms—they’re with building-material suppliers. Storage is the building-material supplier: SanDisk has $93.9 billion in order backlog, and 8 major customers have locked in 65% of production for fiscal year 2028. This is orders, not predictions. It’s a long-term positive for the industry, but government support is for the industry, not for any single company.
I’m bullish on the orders in this slot, not on the price at this point—what the sell-side is giving today isn’t upside, it’s confirmation.
I don’t hold any AI stocks, and I’m not chasing this level. Watch three things:
① Whether storage price increases have made it into next quarter’s guidance
② Micron’s gross margin in the 9/30 earnings report
③ Whether the equal-weight index can keep up with the weighted index.
After rate hikes, tech stocks still hit new highs, which shows this round of money isn’t looking at interest rates—it’s looking at who has the harder time ramping production. BTC also hit a new eight-month high in September.
In this wave, do you treat it as a counterattack, or a rebound?
$BTC
