Pre-market analysis for August 12. CPI data is coming! Should we panic-sell memory chips and optical modules?

$Nasdaq Composite Index (.IXIC.US)$ The biggest variable today is the US inflation data released at 8:30 AM. If inflation exceeds expectations, it could trigger a pullback in tech stocks. So the question arises: for those who have followed my strategy to position in memory chips and optical modules, should you continue to hold?

In fact, I have repeatedly emphasized a viewpoint: within the entire AI hardware ecosystem, considering earnings certainty, future demand, and current stock price levels, I remain bullish on optical modules, memory chips, and CPUs.It’s not that other themes are bad,but rather, at this juncture,CurrentlyIndexI am more inclined to seek core targets from these three high-certainty directions.

$Data storage stock (LIST23925.US)$ Let’s first look at memory chips. Yesterday, Micron, SanDisk, and SK Hynix all showed slight strength. SanDisk rose nearly 3%, SK Hynix rose nearly 5%, while Micron traded around $870.

$Micron Technology (MU.US)$ Regarding Micron, I have remained bullish since discussing it at $800 last week. If you initiated your first tranche of positions at $850–$870 this week, my advice remains the same: hold patiently. There is no need to panic prematurely due to today's CPI data.Even if negative CPI sentiment causes the broader market to pull back, leading to a short-term correction in memory chips, I will not change my judgment on the medium-term trend for the sector., because based on long-term agreements for 2026 and 2027, the future demand for memory remains very clear. CurrentlyIncluding UBS Group and MizuhoMultiple institutions, including UBS Group and Mizuho, are raising their price targets for Micron. Conservative estimates have reached $115, while more aggressive forecasts see it hitting $160. If you have already accumulated Micron shares at lower levels, the most important thing at this stage is not to fret about switching stocks daily, but to give it some time.

$SK hynix (SKHY.US)$ Regarding SK Hynix, we established a position in advance at $137 when the non-farm payrolls data was released last Friday. The price has now risen to $145, yielding a modest profit. My recommendation remains to hold steady and wait patiently. Consider taking some profits once the stock price surges to $155. The remaining position can target the second objective of $170.

$SanDisk (SNDK.US)$ SanDisk. The biggest difference between SanDisk and Micron isits higher elasticity. For those who accumulated SanDisk shares near $120 this week, I maintain my previous trading plan unchanged: set $100 as a strict stop-loss for this phase, while keeping the upside target locked at $160–$170. This strategy is not about encouraging heavy betting, but rather using a minimal position to cap risk while aiming for higher returns through greater upside potential.

If you feel that the volatility in the tech sector is too highand prefer not to engage in these highly volatile areas, in my next articleI’m sharing two more stocks positioned at relatively low levels for your watchlist. Feel free to follow me. I provide daily analysis of US market trends and investment strategies to help you better capitalize on market opportunities.

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