🐂 Bulls are coming in—40M! On-chain $# bulls, and so does the A-shares. $SNDK keeps going up in a row—China Resources' tech is also exploding today, driven by the storage cycle. At the moment, the stock price is already close to 7 times the issue price.
I think this move by $SNDK also shows that the main pool of capital is still generally in AI, but now it's being much more selective, with bigger swings. For long-term holding, it's best to choose stocks that have real orders and earnings expectations, so you can actually hold through.
This is also why, after a deep pullback earlier, Sandisk saw a strong rebound last week. At the investors’ day, they laid out growth expectations and order situation for the coming years directly. The company has already signed long-term supply agreements with 8 customers, including 3 major U.S. cloud giants, covering about half of shipments for FY2027 and about two-thirds for FY2028.
And these agreements aren’t just about locking volume—they also include structured pricing and minimum financial guarantees. For NAND, which is a traditional cyclical industry with relatively volatile pricing and performance, this is essentially locking in part of future revenue in advance.
Of course, long-term orders don’t mean it can completely escape the storage cycle, but at least the earnings certainty for the next two years is clearly improved.
I think this move by $SNDK also shows that the main pool of capital is still generally in AI, but now it's being much more selective, with bigger swings. For long-term holding, it's best to choose stocks that have real orders and earnings expectations, so you can actually hold through.
This is also why, after a deep pullback earlier, Sandisk saw a strong rebound last week. At the investors’ day, they laid out growth expectations and order situation for the coming years directly. The company has already signed long-term supply agreements with 8 customers, including 3 major U.S. cloud giants, covering about half of shipments for FY2027 and about two-thirds for FY2028.
And these agreements aren’t just about locking volume—they also include structured pricing and minimum financial guarantees. For NAND, which is a traditional cyclical industry with relatively volatile pricing and performance, this is essentially locking in part of future revenue in advance.
Of course, long-term orders don’t mean it can completely escape the storage cycle, but at least the earnings certainty for the next two years is clearly improved.