Pre-market trading in U.S. stocks sees a collective surge in memory stocks today—yet is it “forever short of memory” again?
After the KB Securities report was released yesterday, SK hynix and Samsung Electronics both clearly strengthened. Institutional investors believe the two companies’ memory inventories have already fallen to fewer than 10 days, while AI infrastructure spending is still expanding. With HBM4 expected to further crowd out traditional DRAM capacity, supply conditions may become even tighter in 2027.
This also further boosts sentiment across the U.S. memory supply chain.
But there are two additional catalysts behind today’s pre-market strength.
First, the U.S. memory supply chain itself had already begun to move in the prior trading session. Last Friday, SanDisk, Micron, and Western Digital all rallied, indicating that before the inventory report came out, funds had already started re-trading AI memory demand.
Second, recent next-generation AI models have once again reinforced the market’s expectations for HBM, server DRAM, and enterprise storage demand. The Asian semiconductor sector has already led the rally, and U.S.-listed related names are continuing to follow in pre-market trading.
So today’s collective rise in memory stocks is more like several factors working together:
AI demand expectations are heating up again, inventories are at a low level, and there is also expectations of recovery after the sharp pullback earlier.
Not long ago, the market was still worried that the memory cycle might have already peaked.
Now, however, the industry has raised another question:
If inventories really are down to less than 10 days, will the real supply pressure be still ahead?
$SKHY $MU $SNDK
After the KB Securities report was released yesterday, SK hynix and Samsung Electronics both clearly strengthened. Institutional investors believe the two companies’ memory inventories have already fallen to fewer than 10 days, while AI infrastructure spending is still expanding. With HBM4 expected to further crowd out traditional DRAM capacity, supply conditions may become even tighter in 2027.
This also further boosts sentiment across the U.S. memory supply chain.
But there are two additional catalysts behind today’s pre-market strength.
First, the U.S. memory supply chain itself had already begun to move in the prior trading session. Last Friday, SanDisk, Micron, and Western Digital all rallied, indicating that before the inventory report came out, funds had already started re-trading AI memory demand.
Second, recent next-generation AI models have once again reinforced the market’s expectations for HBM, server DRAM, and enterprise storage demand. The Asian semiconductor sector has already led the rally, and U.S.-listed related names are continuing to follow in pre-market trading.
So today’s collective rise in memory stocks is more like several factors working together:
AI demand expectations are heating up again, inventories are at a low level, and there is also expectations of recovery after the sharp pullback earlier.
Not long ago, the market was still worried that the memory cycle might have already peaked.
Now, however, the industry has raised another question:
If inventories really are down to less than 10 days, will the real supply pressure be still ahead?
$SKHY $MU $SNDK
