156Keeping Solidigm in house helps $SK hynix(SKHY)$ valuation. Solidigm currently represents 12.9% of SK Hynix's overall value, and now it stays in house. The buyback announcement is coming October 28th, likely $20 billion USD, which is about 3% of the company. Those two factors alone restore roughly 16% more value to SKHY. A 1.16% move on the current share price of 135 puts $SK hynix(SKHY)$ around 156 per share the day after the earnings report. The company has about 75% gross margin on its product. The company is strong.
$SK hynix(SKHY)$ Looking forward to seeing how Kospi responds to SK Hynix after earnings, regardless of the numbers. I have been shifting funds over with plans to keep adding. Would not mind seeing it dip below $125. Feels like a straightforward opportunity.
$IREN Ltd(IREN)$ IREN Q1 FY2027 could be a real inflection point. For the first time in roughly a year, quarterly revenue should return to sequential growth, which would end the temporary plateau from the shift away from Bitcoin mining toward AI Cloud. The revenue mix is also about to change in a meaningful way. AI Cloud revenue is ramping quickly as new GPU capacity comes online, and Q1 might be the first quarter where AI revenue overtakes Bitcoin mining revenue. That could matter because the market may stop treating IREN mostly as a Bitcoin miner and start pricing it as an AI infrastructure / neocloud company. Return to sequential revenue growth, faster AI Cloud acceleration, AI becoming larger than the legac
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ Now that the market is starting to price in the semis trade winding down, the 2027 funding window looks mostly closed. I would buy dips starting at 42, heavier at 38 and below. I still think about my 900 shares at 29.86 that I sold at 39, but I expect another decent dip this week and next.
$Applied Optoelectronics(AAOI)$ The celebratory round of drinks I said I would buy when we reach the 300 price target might be a bit further off than some of us had hoped. I'm still going to keep that offer on the table.
$SK hynix(SKHY)$ How much of a rebound are we looking at on earnings day? I'd say low 170s. This whole dip is a bit of a joke. Some cheap Chinese memory chips for the low end market have no real effect on SK Hynix.