SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (89443)12/21/2022 8:07:01 AM
From: Sun Tzu1 Recommendation

Recommended By
Sr K

  Read Replies (1) | Respond to of 95487
 
Thanks. The market seems to be more focused on the positive than the negative, so I will probably close my short positions today or tomorrow.

TV = Tradingview.com

Give them a try and check out their screener and community scripts tradingview.com



To: Sam who wrote (89443)12/21/2022 8:15:15 AM
From: Sun Tzu2 Recommendations

Recommended By
Return to Sender
Sam

  Read Replies (2) | Respond to of 95487
 
FYI

Samsung Electronics and SK hynix remain downbeat as the global memory chip market outlook grows darker.

Shares of Samsung Electronics, the largest memory chip maker in the world, traded at 59,000 won ($44.69) apiece in Seoul on Thursday morning after gaining slightly from the previous day’s closing price of 58,900 won. The chip stock has been hovering around 60,000 won for weeks.

SK hynix, the world’s second-largest memory chipmaker, is performing worse. Its stock closed Wednesday down 2.6 percent at 78,900 won, marking its first dip below 80,000 won since November 2, 2020. It recovered only slightly on Thursday morning to trade at 79,300 won.

Their bearish move comes amid the worsening outlook for the global memory chip market.

TrendForce in its latest report projected the price of server DRAM chips would plunge 25.3 percent in the fourth quarter as inventory adjustments at clients are taking longer than expected. Server DRAM chips are responsible for more than 40 percent of DRAM sales at both Korean chip giants.



... Blah, blah, blah, high inventory glut and more losses ahead... Blah, blah, blah, doom and gloom server DRAM prices to drop by 25% next quarter...