SK Hynix, Micron Join Trillion-Dollar Club - WSJ
Semis
SK Hynix and Micron have both crossed the $1 trillion market cap threshold, driven by surging AI-related memory chip demand in a rally that now rivals dot-com era gains in Korean equities. The milestone marks peak-euphoria optics for memory names — a sector historically prone to sharp reversals once narrative reaches consensus saturation.
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Angle
↓ SHORT-12% target+5% stop2-6 weeks
Fade MU near the $1T milestone — insider selling (54 shares sold, 0 bought in 30d) and a 'trillion-dollar club' headline signal sentiment exhaustion; look for a 10-15% pullback.