$SNDK $SKHYNIX $MU You still haven’t understood the recent price action in the storage sector. The market has already started pricing in earnings and the AI narrative ahead of time.
Recently, influenced by the final trading day of the U.S. stock market, the Nasdaq opened lower and continued to fall, causing prices to drop rapidly. The market quickly recovered after falling to 1224, with substantial institutional buying providing support below that level. The upcoming Q1 earnings calls are another factor.
What the market cares about most is whether earnings expectations can exceed forecasts. Wall Street institutions are broadly bullish, the NAND supply-demand balance is improving, and AI inference demand offers long-term support. Judging by the current performance of SanDisk and SK Hynix, AI demand continues to rise and expand, so both companies’ earnings could exceed market expectations.
So when U.S. markets open tonight, the broader trend still favors long positions. Next time, I’ll analyze Micron’s current price action for you.
#SNDK #SKHYNIX #美光
Recently, influenced by the final trading day of the U.S. stock market, the Nasdaq opened lower and continued to fall, causing prices to drop rapidly. The market quickly recovered after falling to 1224, with substantial institutional buying providing support below that level. The upcoming Q1 earnings calls are another factor.
What the market cares about most is whether earnings expectations can exceed forecasts. Wall Street institutions are broadly bullish, the NAND supply-demand balance is improving, and AI inference demand offers long-term support. Judging by the current performance of SanDisk and SK Hynix, AI demand continues to rise and expand, so both companies’ earnings could exceed market expectations.
So when U.S. markets open tonight, the broader trend still favors long positions. Next time, I’ll analyze Micron’s current price action for you.
#SNDK #SKHYNIX #美光
