I was wondering why storage stocks have been so weak lately—$MU and $SKHY have both stalled.
Morgan Stanley forecast on Monday that the U.S. data center power shortfall will reach 34% by 2028, equivalent to 32 GW.
But $NVDA and $AVGO are basically unaffected.
If projects really get delayed due to power shortages, the first things likely to be postponed or have orders cut are supporting components like memory, optical modules, and power management.
Everyone’s seen how much storage stocks have rallied this time around.
Maybe it’s time to cool things down!?🫡
Morgan Stanley forecast on Monday that the U.S. data center power shortfall will reach 34% by 2028, equivalent to 32 GW.
But $NVDA and $AVGO are basically unaffected.
If projects really get delayed due to power shortages, the first things likely to be postponed or have orders cut are supporting components like memory, optical modules, and power management.
Everyone’s seen how much storage stocks have rallied this time around.
Maybe it’s time to cool things down!?🫡
