What happened? Changxin Technology $Cxmt Corporation(688825)$ had a blockbuster Shanghai IPO, skyrocketing over 460% to a huge USD 500 billion valuation.
To add fuel to the fire, $Roundhill Memory ETF(DRAM)$ officially included CXMT into its holdings. It triggered widespread anxiety that cheap Chinese supply is about to flood the market.
To me, this is a Buy the Bus moment.
Micron & SK Hynix have already completely sold out their advanced HBM capacity through 2027 under multi year corporate contracts. This is revenue locked into stone.
That is why I added DRAM ETF to my portfolio. It offers me all these memory giants served in 1 big basket. Diversification & lower entry point is my tactical strategy to add these titans to my portfolio.
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- jollyfoยท08-10 19:52500B and cheap supply still feels like a leap. I grabbed DRAM for the rebalance flow, but how long does that passive bid really last?1Report
- qixooยท08-10 19:52HBM sold out through 2027 is the whole tell for me. Panic on CXMT headlines feels tradable, not thesis breaking1Report
- 1PCยท08-10 21:02Nice Sharing ๐ @JC888 @Barcode @Shyon @Aqa @DiAngel @Shernice่ปๅฌฃ 2000LikeReport