I see the Monday style sell off as both a correction and reaction to refreshed fears of the us-Iran war continuation. To be fair, the rapid rise of AI stocks and memory stocks this year has left many wondering how long and how much can this bull run continue. It is not surprising that every now and then many would take profit first. It is first necessary to survive first before profits can be made. It is always good not to be too greedy. Where the AI stocks are concerned, I don’t think it has reached the bubble stage but it is mostly driven by an imbalance of supply and demand and some of the potential has not been realised yet. It is important to reassess in 1-2 years whether the potential still exist. If not, the possibility of a bubble is real. I think we might be near the top of the bull market for now unless more hype or potential appears quickly.
Samsung and sk Hynix are different players in the AI ecosystem and I think both are necessary. Diversity is good and I would buy both.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
