πππThe massive selloff in
$SK hynix(SKHY)$ $Micron Technology(MU)$ &
$SanDisk Corp.(SNDK)$ was directly triggered by a dramatic competitive shock from China's CXMT.
Changxin Memory Technologies or CXMT is China's premier, state backed DRAM manufacturer. Its blockbuster IPO on Shanghai's STAR market saw its share price skyrocketed 460% on Day 1.
Analysts expect CXMT to capture 18% of the global DRAM market within 2 years, up from its current 8%.
Why investors should not panic: The HBM market remains heavily dominated by the Big 3 - SK Hynix, Samsung and Micron. CXMT is currently estimated to be 2 to 3 years behind the global leaders in advanced processes.
I bought $Roundhill Memory ETF(DRAM)$ because HBM is completely sold out through 2026 & well into 2027. Tech giants like Microsoft , Google and Meta are waiting in long lines for these components.
As Warren Buffett likes to say "When there is fear in the market it is time to be greedy."
@Tiger_comments @TigerStars
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