Innlegg

Xiaomi Just Exposed the Other Side of the Memory Trade 👀 Xiaomi’s Q2 numbers put consumer demand back in focus: smartphone shipments fell 26.3% YoY to 31.2M, while ASP jumped 25.9% to RMB1,351. That matters for $MU, $SNDK and $WDC. The memory bull case still depends on AI/data-center demand overpowering weaker handset demand. Rising memory costs can support pricing, but falling device volumes expose the demand risk. Now watch the split: $MU/$SNDK stabilize → supply squeeze still dominates.