/biz/ - Business & Finance

FUCK IT

JUST BOUGHT AMAT AND SOME MORE MRK AND BMY

I HATE YOU ALL
REEEEEEEEE

With SNOY down 4% premarket I’m tempted to buy the dip
BUT
things sound like they’re going poorly.

Now that nand and dram are a valued commodity for production like oil or steel, the squabble for more is driving priced up. And if many of them are made in China, could be a problem. Who benefits from this, Micron?

I don’t think it’s TSMC. And AMAT might get fucked by some trumpshit.


Anyhow, trouble in SNOYland:
>Various insiders familiar with the proceedings have revealed that the dearth of a steady supply of DRAM and NAND flash memory, due to burgeoning demand from 5G smartphone manufacturers, has escalated the production costs of PS5 to around $450 a unit. Experts opine that this is likely to force the company to set the retail price at $470 per unit with similar profit margins as that of PS4.