Analyst: Concerns that the storage chip sector may repeat Nvidia's pattern of "record fundamental highs, but sideways stock price movement"

According to Odaily, Citrini researcher Jukan posted on platform X, stating that the current market expectations for the storage chip sector are already high. Regardless of whether the financial results exceed expectations, share prices may still face pressure. If performance surpasses expectations, the market might worry that the industry cycle has peaked; if results fall short, it could be interpreted as the end of the storage chip boom cycle. Jukan also noted concerns that the storage chip sector could repeat Nvidia’s previous trend of “fundamentals continuously reaching new highs while share prices move sideways for a long period”—meaning that although corporate profits keep hitting records, share price performance remains lackluster because market expectations are already fully priced in.