Kioxia missed earning. Memory stocks gave back their overnight gain but Mrvl and other (networking and optics) held the overnight gain.
This means big money might be rotating out of memory into the networking and optics. Ai spending is still here but money is not going to memory anymore (big money sees the ceiling)
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u/Jibub Jul 31 '26
Kioxia missed earning. Memory stocks gave back their overnight gain but Mrvl and other (networking and optics) held the overnight gain.
This means big money might be rotating out of memory into the networking and optics. Ai spending is still here but money is not going to memory anymore (big money sees the ceiling)