Why Memory Chips Are Dominating the A.I. Rally
Semis
Micron has crossed the $1 trillion market cap milestone driven by HBM demand for AI workloads, joining Samsung and SK Hynix as trillion-dollar memory producers. The milestone arrival and political attention suggest the trade is maturing — but insider selling pressure and a consensus already skewed 17SB/32B warns the easy money may be behind us.
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Angle
↓ SHORT-10% target+5% stop2-4 weeks tactical
Fade near-term MU momentum post-$1T milestone — insider selling (54 sales, 0 buys in 30d) and crowded SB consensus suggest a digestion period ahead; look to re-enter on a 10-15% pullback.