$Micron Technology(MU)$ $SK hynix(SKHY)$ $SanDisk Corp.(SNDK)$ $iShares Semiconductor ETF(SOXX)$ If we keep printing 5%+ GDP, employment data keeps improving, productivity keeps improving thanks to AI, and inflation comes in better than expected despite elevated energy prices — at some point that consumer is going to stop complaining about everything and go back to their regular weekend shopping binge.
That's the historically cyclical part of memory. It would be consumers out buying new laptops and cellphones, replacing their average 13 year old cars. Consumers have been in this hunkering posture over the last 7 or so years since Covid. Some recovery in the pent-up demand in all of that, and the memory market will surprise to the upside on top of AI infrastructure demand.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
