Memory Chip Frenzy Sends SK Hynix, Micron Into $1 Trillion Club - Bloomberg.com
Semis
SK Hynix and Micron have vaulted into the $1 trillion market-cap club on surging AI-driven HBM demand, with MU posting a +19% single-session gain to all-time highs. The parabolic move, combined with heavy insider selling (54 sells, 0 buys in 30 days) and an already SB-heavy consensus, sets up a high-risk fade scenario rather than a chase.
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Angle
↓ SHORT-10% target+5% stop2-3 weeks
Fade MU short-term after +19% gap to ATH — insider exodus (54 sells/0 buys) and stretched valuation argue for mean-reversion into the $800s.