Booming AI chip demand helps create two new $1tn club members
1 min readAnalysis by AlgoThesis Editorial Desk
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The story
SK Hynix and Micron have crossed the $1 trillion market cap threshold, driven by surging AI-related HBM chip demand. Despite the milestone, heavy insider selling at MU and an already near-consensus Strong Buy rating limits the incremental upside case for new longs.
The two-sided take
The house read
Wrong ifA blowout forward guidance update or surprise HBM contract announcement could sustain the run well beyond current levels, stopping out the short quickly.
Published read · research, not advice