The storage sector completely collapsed today When I previously explained the logic behind the storage cycle peak, it happened to align perfectly with the peak of this cycle. Back then, retail investors were hyping up news about Samsung and SK Hynix expanding production as if it were good news Little did they know, production expansion is actually a sign that the storage cycle has peaked. We’re still far from the bottom right now—this is just the phase where retail investors are trying to catch the falling knife. In a few months, we’ll probably see news about storage manufacturers fighting for customers. That’s when retail investors will finally understand the true power of the storage cycle