Jul. 13 at 12:46 PM
@AlphaBull_10M consulted Claude Fable (2/5):
Phase 3 — Memory & storage (2025–26, current, late-cycle):
1. SK Hynix — HBM leader at 58% share, the most favorable position in the supercycle
2. MU — the US pure-play; must prove itself in HBM4
3. SNDK — the NAND re-rating (highest beta, sharpest downside when cycle turns)
4. WDC — HDD/cold storage with hyperscaler contracts running through 2028
5. STX — HAMR technology leadership in nearline drives
Phase 4 — Optical & networking (2026, being discovered now):
1.
$ANET — dominant AI Ethernet switching; surpassed Cisco in data center share,
$3.25B AI networking target for 2026
2.
$COHR — Nvidia's
$2B strategic investment and multi-year purchase commitment; backlog into 2028
3.
$MRVL — optical DSPs and custom silicon interconnect
4.
$ALAB — connectivity chips; revenue up 93% YoY
5.
$LITE — lasers/transceivers riding the 800G→1.6T migration
