Jul. 14 at 9:07 PM
The Memory Boom Is Here to Stay...
Kurv CEO Howard Chan, whose firm manages
$KMEM, believes:
Micron
$MU
SK Hynix
$SKHY
Samsung
Could continue delivering strong earnings, with growing cash flow supporting current valuations.
SK Hynix: ~5.7x forward P/E
Samsung: ~4.9x forward P/E
Micron: ~6.6x forward P/E
$KMEM is allocating its largest position to SK Hynix—the lowest-valued member of the Big Three, despite its leadership in HBM for AI.
The AI memory shortage looks more like a multi-year structural trend than a short-term trade.
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