Why This Market Washout Will Spark a Year-End Rally

Impact · against what's priced in

The technical 'hammer' candles and improved market breadth are short-term momentum signals that do not shift the fundamental long-term assumptions for AMD, MU, or NBIS. While the author sees a year-end rally, the underlying drivers—such as AI market share and memory pricing power—remain the core unsettled questions for these stocks.

MU−0.20

Challenges what's priced in

The price assumes

Sustained pricing power and margin expansion beyond 2027