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美 静 Mei Jhing
The semis are telling two very different stories heading into $NVDA earnings. 👀
Memory is quietly repairing: $SNDK +1%, $MU +1%, $WDC +3%.
Meanwhile, $NVDA is down 1% and $AVGO is down 2%.
That’s the key signal.
The morning PCE print kept rates tight, but we’re not seeing another storage-led unwind. Instead, the market looks like it’s separating the NAND scare from the bigger question.
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