$MU Micron leads the rebound, and memory chips are running low!
Recently, tech stocks have been whipsawing overall, and many AI-related concepts have seen pullbacks, but the memory sector has staged a clear rebound
Micron surged rapidly from its low point, climbing to around 970. Storage giants such as SK hynix, Samsung, and Western Digital have also moved higher in tandem
The storage cycle is now entering a reversal
The biggest industry change is that memory giants have started to control capacity
In the past, the biggest problem in the storage industry was that after prices rose, companies went on a frenzy of expansion, which eventually led to oversupply and then a crash in prices
But this time, Samsung and SK hynix have rolled out large-scale share repurchase plans, while Micron has invested its funds in advanced R&D instead of choosing to expand blindly
This shows that storage manufacturers are changing the way they play the cycle in the past, focusing more on cash flow and profits
Judging from the chart, Micron is currently watching several key levels
Defense — 930
Breakthrough and regain the range — 970
Ultimate confirmation for bulls — 1000
Pay close attention to subsequent earnings reports, the release of AI demand, and the progress of capital-return plans. The memory sector is still worth focusing on
Place your orders!
Recently, tech stocks have been whipsawing overall, and many AI-related concepts have seen pullbacks, but the memory sector has staged a clear rebound
Micron surged rapidly from its low point, climbing to around 970. Storage giants such as SK hynix, Samsung, and Western Digital have also moved higher in tandem
The storage cycle is now entering a reversal
The biggest industry change is that memory giants have started to control capacity
In the past, the biggest problem in the storage industry was that after prices rose, companies went on a frenzy of expansion, which eventually led to oversupply and then a crash in prices
But this time, Samsung and SK hynix have rolled out large-scale share repurchase plans, while Micron has invested its funds in advanced R&D instead of choosing to expand blindly
This shows that storage manufacturers are changing the way they play the cycle in the past, focusing more on cash flow and profits
Judging from the chart, Micron is currently watching several key levels
Defense — 930
Breakthrough and regain the range — 970
Ultimate confirmation for bulls — 1000
Pay close attention to subsequent earnings reports, the release of AI demand, and the progress of capital-return plans. The memory sector is still worth focusing on
Place your orders!
