Posteo

Global semiconductor market hits $368B in Q2 with positive YoY growth, while $SNDK Sandisk hovers near $1,479. Is market mis‑pricing or fundamentals weakening? Bearish factors: 1. Deep‑rooted cyclical stigma for memory chips, investors hesitate to assign growth‑stock multiples. ​ 2. Massive prior rally already priced in AI‑supercycle optimism, profit‑taking post strong earnings. ​ 3. Cloud giants’ huge long‑term supply contracts raise concerns over pricing power constraints.