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Puru Saxena, investment commentator and ex-fund manager at FinTwit, expects earnings in the memory sector, including companies like MU and Samsung, to peak in 2027 and subsequently decline.
He notes that these stocks may appear undervalued because historically, their prices have peaked several months before growth starts to decelerate.
Saxena has previously highlighted volatile market movements, noting a sharp 10 percent decline in KOSPI futures. He also recently pointed to profit taking after an AI-driven stock rally as a driver for a market pullback. These observations reflect his focus on how external catalysts and cyclical trends can impact sector valuations.