Memory stocks such as Micron, SanDisk have a rollercoaster ride this week.
Fear and Greed repeat itself again and again.
Opportunity presents itself when fear sets in and vice versa when Greed takes over.
Micron CEO mentioned in the recent earning call memory chip supply tightness will last beyond FY2027.
With potential exponential growth in L2 to L4 autonomous vehicles and Humanoid robot,supply for memory chips will further worsen.
This is further reinforced by Apple CEO stating he have never see anything like it in any area in over 40 years.
Shortly Apple raised the pricing for its product citing the memory shortage have makes it business unsustainable.
If the thesis holds, memory chips will become the 21st cemtruy new "oil".
Currently DRAM chips export unit price is at $74687/KG, up by 514% year on year.
Time wait for no Man.
Comments
Post a Comment