Our &#34;Counterintuitive U.S. Stocks&#34; series has been running for so long, it's almost become a TV series. In the previous episodes, we talked about NVIDIA's &#34;black swan theory,&#34; Samsung's &#34;good news is fully priced in,&#34; and the physical ceiling of AI hardware. Some buddies in the backstage asked the ultimate question: Is AI money getting harder to make? Today, the market directly threw out a standard answer —AI money hasn't decreased, it's just that the main players making the money have changed.

Memory stocks staged an impressive comeback. After a broad selloff, SanDisk, Western Digital, Micron, and SK Hynix rallied sharply in tandem — with multi-day gains and sector-leading single-day surges. Three catalysts drove the reversal: Morgan Stanley forecasting memory prices could rise another 25% in Q3; JP Morgan and UBS framing the prior plunge as a 'valuation reset' and crowded-trade unwind rather than a fundamental deterioration; and Micron's blowout earnings and guidance confirming the AI-driven upcycle remains intact, with supply tightness potentially extending into 2028. After bouncing hard off the lows, is this memory rally just getting started — or a one-and-done rebound? Share your take.

Memory stocks staged an impressive comeback. After a broad selloff, SanDisk, Western Digital, Micron, and SK Hynix rallied sharply in tandem — with multi-day gains and sector-leading single-day surges. Three catalysts drove the reversal: Morgan Stanley forecasting memory prices could rise another 25% in Q3; JP Morgan and UBS framing the prior plunge as a 'valuation reset' and crowded-trade unwind rather than a fundamental deterioration; and Micron's blowout earnings and guidance confirming the AI-driven upcycle remains intact, with supply tightness potentially extending into 2028. After bouncing hard off the lows, is this memory rally just getting started — or a one-and-done rebound? Share your take.

Memory Sector Stages Strong Rebound — Is the Rally Back on Track?

Our &#34;Counterintuitive U.S. Stocks&#34; series has been going on for so long, it's almost become a TV drama. In previous episodes, we discussed NVIDIA's &#34;black sheep theory,&#34; Samsung's &#34;good news exhausted,&#34; and the physical ceiling of AI hardware. A buddy in the comments asked a soul-searching question: Is AI money getting harder to make? Today, the market directly threw out a standard answer—AI money isn't any less, it's just that the main character making the money has changed.

Micron Tech

NVIDIA

Samsung Electronics 

NVDA 2X Long ETF

NVIDIA is in the red again, while Micron surged 7%! Is the scepter of AI being passed from GPU to memory?