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BABA Diamond HolderAs I have mentioned before, this market is long overdue for a proper correction and memory stocks could be the first to lead it down.
CXMT’s upcoming listing isn’t just another semiconductor IPO. It’s a direct challenge and a far bigger threat to SK Hynix, Micron and every other player in this space. Yesterday’s sharp drop in memory stocks?
It could be a healthy correction or it could already be pricing in this new competition. Either way, the market has spoken and we can all see it.
How far will this pullback go? I expect it to be short‑term. But over the medium run, memory stocks must deliver on their growth story ,just like Tesla. If cannot deliver, the market will punish them hard.
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