@Zh_Crypto517: Yesterday, as the market pulled back, a bunch of bearish views on memory storage emerged. First, a common sense: SK Hynix's sharp drop is because in the century divorce case, the woman wants over 10% of shares, potentially causing selling pressure. Micron $MU is a technical pullback after hitting an all-time high. Purely event-driven; fundamentals haven't changed a bit. I don't know what the panic is about. "Even Apple's devices have raised prices,...

Yesterday’s pullback in the market triggered another wave of bearish takes on memory.

Let’s start with common sense: SK hynix’s big drop was due to a high-profile divorce case where the wife is seeking over 10% of the shares, potentially leading to a sell-off.

Micron $MU is simply a technical pullback after hitting all-time highs. Pure event-driven noise — the fundamentals haven’t changed one bit. No idea what everyone is panicking about.

“Even Apple’s devices are getting more expensive — consumers won’t pay up, so memory must be peaking.” This is pure consumer-side sentiment being projected onto the upstream. The fact that a powerhouse like Apple — an extremely dominant buyer — has to accept price hikes shows exactly how strong the seller’s hand is right now. “Take it or leave it — I don’t have trouble finding buyers.”

In short, the entire industry’s wafer capacity is no longer driven by consumer electronics — it’s all shifting toward AI. The landscape for the next year or two is simple: consumer electronics takes a back seat.

Want to upgrade your phone or buy a Mac? Sorry, pay up. All silicon-based hardware is getting more expensive, capacity is already fully booked by high-end demand.

Don’t force macro narratives like “AI causes job losses, no one has money to spend” onto current markets. The reality today is that the upstream holds all the power — the consumer side doesn’t get to talk about value for money.

See the real supply-demand dynamics. Don’t let the noise shake you out. Keep holding.