Every buyer of memory is saying the same thing. Prices keep rising, and they still can't get enough 😵
TrendForce says NAND contract prices are set to rise 15% to 20% this quarter, and the market is still undersupplied
Through Friday, all 4 sit well below their all time highs:
📉 $WDC down 63.04%
📉 $SNDK down 62.41%
📉 $STX down 53.86%
📉 $MUB down 37.98%
$SNDK's run of 7 red weeks in a row ended this week, but its forward P/E is still only 3.90x
Is the market early on the cycle ending, or wrong? 👇
#stocks
TrendForce says NAND contract prices are set to rise 15% to 20% this quarter, and the market is still undersupplied
Through Friday, all 4 sit well below their all time highs:
📉 $WDC down 63.04%
📉 $SNDK down 62.41%
📉 $STX down 53.86%
📉 $MUB down 37.98%
$SNDK's run of 7 red weeks in a row ended this week, but its forward P/E is still only 3.90x
Is the market early on the cycle ending, or wrong? 👇
#stocks
