Innlegg

$KO ⚠️ NVDA, MU, SKHY: Key hardware suppliers in the AI supply chain. They can surge dramatically in an AI capital‑expenditure upcycle. However, their profits are highly cyclical. Continuous heavy spending on R&D and fabs is required to stay competitive. Once AI investment cools off, inventory buildup and price drops squeeze margins, triggering earnings‑valuation double dips. Cycle‑independent secular growth is rare for these chip stocks.