AI regulation is starting to tighten, and I am prepared to continue being bearish on the three storage giants!
This time, the signal released by the US Democratic Party deserves attention: next year they may push for AI regulatory legislation, focusing on data center expansion, AI model review, and tech company responsibilities.
What does this mean? The AI industry has relied heavily on the continuous expansion of data centers, and once data center construction slows down, the demand for GPUs, HBM, and storage chips is expected to be affected.
Yesterday, the US stock market already reacted: SanDisk plunged more than 20%, Micron dropped over 17%, and SK Hynix also saw a significant pullback. Although there was a rebound in pre-market trading today, I think it's still too early to bottom-fish.
Currently, Yan Yan is focusing on three targets:
SNDK (SanDisk): target 820
SK HYNIX: target 800
MU (Micron): target 660
My approach is: do not blindly chase shorts; prioritize waiting for a weak rebound and resistance pressure before considering short positions.
Of course, AI demand has not disappeared; what really needs reassessment is the growth rate of future data center investments. If regulatory news continues to ferment, the storage sector may still undergo another round of valuation adjustments.
Do you think this is short-term panic, or is the AI storage market truly starting to cool down?
#美股遭大幅抛售：费城半导体指数创2020年3月以来最大单日跌幅
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