ReubenChua
11-10 13:53

Micron and Hynix at historically low PE 

Micron Jumps 11.89%: Does the Memory Rally Have Legs?
Micron rose 11.89%, SanDisk 13.69%, and SK Hynix 9.71% Wednesday as AI-hardware sentiment rebounded—but shared gains don’t prove new orders. Anthropic’s prospectus describes a planned, conditional $1B Micron share investment after its IPO, not an HBM sales contract. SanDisk depends on enterprise SSD demand and pricing; Hynix must demonstrate HBM supply and capacity growth. Bulls see AI lifting memory demand; bears cite funding commitments, commodity cycles, and customer inventories. What shipment, order, and pricing evidence would confirm a durable rebound?
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