Carbon-based lifeforms' memory consumption history vs. silicon-based, re-evaluating the pricing logic of the memory industry
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$Direxion Daily MU Bull 2X Shares(MUU.US)$Micron Tech(MU.US)$Sandisk(SNDK.US)
Without dreams, why venture far?
Never think the market is a fool.
When the forward P/E ratio of optical connectivity stocks rises to dozens or even over a hundred,
and when TSMC and NVIDIA's forward P/E ratios are both over 20+,
the forward P/E ratios of SanDisk and Micron
still linger around single digits. Mr. Market is not stupid.
It may be late, but it won't be absent. I remain bullish on memory/storage.
SK Hynix and Samsung's earnings have once again shocked the world.
Good night, another plain and simple day.