WEVE BEEN JUDGING STORAGE WITH TECH INCORRECTLY. The reason GOOG, MSFT, ETC are having large capital expenditures is because they need to fulfill the growing demand for memory and storage. This is fueled by AI, they will bite the bullet now because in the end if they stay on top once the semiconductor prices drop down towards the end of the decade. The AI ship will be running smoothly and much cheaper. These companies can’t slow down or else they will literally fall behind. This is almost bound to happen with the really large names. Fully bullish for Micron, Western Digital, SK Hynix, Samsung, Sandisk, Seagate.
Large Capex from companies is gonna boost Memory & Storage stocks
byu/Stunning-Dig-8916 instocks
Posted by Stunning-Dig-8916
3 Comments
I think that is no secret. SNDK up 1523% in one year
Photonics/optics. LITE +6% after Google earnings (and had very good earnings yesterday afternoon.)
Elsewhere, CLS +8% after hours, AVGO +6%.
Semis continue to be on the menu.