Hynix quickly joins Micron in the $1 trillion club as one bank argues AI is actually underhyped
Semis
SK Hynix has joined Micron in the $1 trillion market-cap club within 24 hours, fueled by a bank argument that AI demand for memory is still underhyped. MU is up 19.3% today alone, with consensus sitting at 17 Strong Buy / 32 Buy but insider selling totaling 54 transactions in the last 30 days — a notable divergence.
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Angle
↓ SHORT-12% target+5% stop2-3 weeks
Fade MU's single-session parabolic move on 19% gap + heavy insider selling — 54 insider sales vs zero buys screams distribution into euphoria.