NVIDIA soars 8% but can’t lift memory stocks? $SNDK drops to 1461—who’s dumping?
Brothers, last night NVIDIA surged 8.7%, the Nasdaq rose 1.57%, and everyone was celebrating. But the memory sector lagged—SNDK didn’t rise; it fell instead. It went from up more than 3% premarket to down about 1% by the close. Good news is exhausted and profits are being taken—this is the classic “sell the news” setup.
There are three core reasons:
First, SanDisk and Kioxia plan to invest 5 trillion yen to expand production by 2032, and the market is worried about future oversupply;
Second, the U.S. may allow Apple and others to source memory from China, which could reshape the competitive landscape;
Third, memory stocks have already surged a lot this year. In the short term, funds tend to lock in gains, and even within the AI hardware chain, things are starting to diverge.
Looking at the chart: SNDK was hammered from 1578 down to 1461. The RSI has fallen to 15.9, and the lower Bollinger band at 1475 has already been broken. It’s oversold in the short term, but the MACD death cross is still “hanging open.” Below, 1440–1460 is a high-density chip zone; once it breaks, it could head for 1419.
My view: Memory stocks’ fundamentals haven’t changed—what’s changed is short-term fund sentiment. Expansion concerns and competitive pressure are mid-term factors, but the “pit” created by panic selling is often an opportunity.
Trading strategy:
Aggressive: go long around 1460.
Conservative: wait for stabilization around 1420–1440 before going long.
Remember, the long-term logic for memory hasn’t changed, but the short-term panic needs time to digest. Follow Zhao Gongming—he’ll help you understand the buy/sell points in this wave of panic selling. #英伟达财报后涨8.74% #英伟达开盘140分钟成交335亿美元
Brothers, last night NVIDIA surged 8.7%, the Nasdaq rose 1.57%, and everyone was celebrating. But the memory sector lagged—SNDK didn’t rise; it fell instead. It went from up more than 3% premarket to down about 1% by the close. Good news is exhausted and profits are being taken—this is the classic “sell the news” setup.
There are three core reasons:
First, SanDisk and Kioxia plan to invest 5 trillion yen to expand production by 2032, and the market is worried about future oversupply;
Second, the U.S. may allow Apple and others to source memory from China, which could reshape the competitive landscape;
Third, memory stocks have already surged a lot this year. In the short term, funds tend to lock in gains, and even within the AI hardware chain, things are starting to diverge.
Looking at the chart: SNDK was hammered from 1578 down to 1461. The RSI has fallen to 15.9, and the lower Bollinger band at 1475 has already been broken. It’s oversold in the short term, but the MACD death cross is still “hanging open.” Below, 1440–1460 is a high-density chip zone; once it breaks, it could head for 1419.
My view: Memory stocks’ fundamentals haven’t changed—what’s changed is short-term fund sentiment. Expansion concerns and competitive pressure are mid-term factors, but the “pit” created by panic selling is often an opportunity.
Trading strategy:
Aggressive: go long around 1460.
Conservative: wait for stabilization around 1420–1440 before going long.
Remember, the long-term logic for memory hasn’t changed, but the short-term panic needs time to digest. Follow Zhao Gongming—he’ll help you understand the buy/sell points in this wave of panic selling. #英伟达财报后涨8.74% #英伟达开盘140分钟成交335亿美元
