OpenAI suddenly halts training for some models, directly striking the most core growth belief in AI storage.
Once compute training pauses, storage demand expectations are immediately downgraded; coupled with persistently rising U.S. Treasury yields that keep pressuring valuations, SNDK’s single-day drop of over 3% is definitely not just ordinary random volatility. When macro interest rates and industry demand both turn, the previously elevated storage valuations no longer have support.
Don’t treat this selloff as a free-money shakeout. When the core story shifts from “insatiable supply” to “demand is up for debate,” valuation compression is only just beginning.
#SNDK
Once compute training pauses, storage demand expectations are immediately downgraded; coupled with persistently rising U.S. Treasury yields that keep pressuring valuations, SNDK’s single-day drop of over 3% is definitely not just ordinary random volatility. When macro interest rates and industry demand both turn, the previously elevated storage valuations no longer have support.
Don’t treat this selloff as a free-money shakeout. When the core story shifts from “insatiable supply” to “demand is up for debate,” valuation compression is only just beginning.
#SNDK