China’s CXMT just broke the global memory chip duopoly held by Samsung, SK Hynix and Micron. Their IPO caused a major global semiconductor stock rout and Korean markets halted trading because it’s basically propped up by these companies. And on top of that, there are now increasing worries about the whole AI bubble built on circular investments. If data center build out stops then the demand for chips and memory is going to collapse too.
Is this just fraud as usual or is there something else going on? Is it at all related to antitrust allegations of price fixing and such?
It’s also koreans addiction to gambling so they are all leveraged to the tits and buying options/futures…
China’s CXMT just broke the global memory chip duopoly held by Samsung, SK Hynix and Micron. Their IPO caused a major global semiconductor stock rout and Korean markets halted trading because it’s basically propped up by these companies. And on top of that, there are now increasing worries about the whole AI bubble built on circular investments. If data center build out stops then the demand for chips and memory is going to collapse too.
That’s extremely insightful, thank you
O7
Stop, I can only get so erect
*starcraft marine, “Hell… It’s about time.”