SK Hynix CEO said next year is expected to be the worst in the industry's history from a supply perspective, and that despite aggressive capacity expansion, memory demand will continue to exceed the company's production capacity over the next decade. That's not hedging the thesis. That's the thesis. $MU and $SNDK are sitting on a structural pricing tailwind if that holds.
Aggregated and distilled by Two Sentence Traders. Not financial advice.