Micron's sharp decline is undeserved. Capital-spending and China AI-memory fears are exaggerated: China makes DRAM, not high-bandwidth memory, so it is no threat. Micron memory is out of stock for the next year and a half, possibly two to three years.

Micron suffered heavy losses.

As for SK Hynix shares, they reached their lowest level at 1.2 million won. I still maintain that we have a buy signal here, which is the first buy signal we've had in a long time.

It seems my memory is failing me. The stock is trading at a price-to-earnings ratio of seven, which is excessive.

Micron, which used to offer so much, has also become very weak. Once again, concerns about capital spending, and exaggerated concerns about artificial intelligence memory from China.

Remember that artificial intelligence and China's memory do not create high-bandwidth memory, but rather dynamic random access memory (DRAM), which is something entirely different .

Therefore, it is not a threat. These products are out of stock in the markets. Micron memory will not be available for the next year and a half, and possibly two or three years. nothing.

Prices are still falling, so they took advantage of this irrational market volatility to gain a share. I hope prices will return to around $700. I don't think we'll ever reach that level.

Let's take a closer look to understand what's happening. The market is still weak. Again, the memory of weekdays does not deserve this sharp decline.