SK Hynix missed consensus due to shifting more to LTAs, but the memory cycle is bigger, longer, and stronger than past cycles. Demand still exceeds supply, and the recent selloff is driven by technicals and leverage unwinds, creating a buying opportunity in memory stocks.
SK Hynix missed consensus due to shifting more to LTAs, but the memory cycle is bigger, longer, and stronger than past cycles. Demand still exceeds supply, and the recent selloff is driven by technicals and leverage unwinds, creating a buying opportunity in memory stocks.