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Analyst: Concerns that the memory chip sector may repeat NVIDIA’s pattern of “fundamentals hitting new highs while stock prices trade sideways”
Svmuu News: Jukan, a researcher at Citrini, posted on X stating that market expectations for the memory chip sector are already quite high, and stock prices may come under pressure regardless of whether earnings beat expectations.If earnings exceed expectations, the market may worry that the industry cycle has peaked; if earnings fall short of expectations, it could be interpreted as the end of the memory chip boom.Jukan also noted concerns that the memory chip sector could repeat the pattern previously seen in NVIDIA—where “fundamentals continued to hit new highs while stock prices remained range-bound for an extended period”—meaning that while corporate profits keep setting new records, stock price performance remains relatively flat because market expectations have already been fully priced in.
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