$SK hynix(SKHY)$ Will they finally let Kospi run? It closed at 6971. It has been over 7k a few times since its epic fall from 9400.
Micron reported earnings and had zero mention of competition, now or in the foreseeable future. All the major memory manufacturers are sold out, and Micron is writing contracts through 2031 at 50% of expected production. That is pretty crazy. You would think they were mining gold. Maybe they are. What applies to Micron applies to SK and Samsung. If they are all smart and don't get too aggressive on capex, this gravy train will persist. It's a far cry from the boom-to-bust cycles of the past. That wasn't a respectable way to do business, but it was the only way. That ship has sailed.
I have to believe SK and Samsung will finally be bought and held. They trade too cheaply.
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