To The Moon

I'm watching this pullback in storage shares — Micron $Micron Technology(MU)$  , SanDisk $SanDisk Corp.(SNDK)$  , Western Digital $Western Digital(WDC)$  , Seagate $Seagate Technology PLC(STX)$  — as more of a breathing session rather than a breakdown. Yes, prices have dipped after an epic run, with names like SanDisk dropping over 10% alongside broad memory and storage weakness recently. But the backdrop still includes strong fundamental demand driven by AI infrastructure growth and persistent supply tightness. Analysts and market data continue to point to robust pricing power in DRAM and NAND and "unserved" storage demand as data-intensive AI workloads expand, which is exactly why these stocks rallied so hard in the first place. 

That said, I also recognize this sector is inherently cyclical and volatile. Some of the pullback reflects profit-taking after crazy gains, and there are still pockets of supply/demand imbalance depending on segment and product — for example NAND oversupply dynamics persist in certain channels even as enterprise SSDs tighten. I personally don't see this as a sign that the shortage logic no longer holds, but rather that markets oscillate between pricing in future growth and short-term repositioning. I've seen enough data showing continued tight high-bandwidth memory and NAND allocations driving price increases, which reinforces a longer-term narrative even if near-term sentiment cools. 

So for me, this feels like a potential add-on opportunity, not a reason to step back completely. I'd consider trimming or waiting only if valuations look stretched again or if clear supply improvements soften pricing power. But given that enterprise storage demand tied to cloud and AI workloads hasn't diminished — and shortages are still widely discussed — I'm inclined to use dips to scale in incrementally rather than chasing the top or waiting indefinitely for a "perfect" price. That said, I'd still keep some dry powder in case we see a deeper correction.

As a retail investor, I focus mainly on the US and Singapore markets, combining a mix of technical trading and long-term investing strategies. I enjoy analyzing charts, spotting patterns, and making calculated moves based on both market sentiment and fundamentals. While I'm not a professional, I treat my portfolio seriously and continue to learn and grow with each trade. If you're also navigating the markets and enjoy discussing stocks, options, or market trends, feel free to follow me. Let's learn and grow together as a community.  

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