NAND Price Drop Is Canary In AI Stock Trade Coalmine

The AI data center boom has so far lifted all semiconductor stocks, especially in the NAND space where triple digit gains have been common.

However, picking up on what we showed one month ago on June 25 - which was the day the memory trade peaked and SNDK traded over $1000 higher than where it is today - when we revealed the continued decline in NAND memory prices...