Is the memory trade dead? I'm buying SNDK and DRAM etf

Advanced TLDR : In my opinion: the memory demand is still rising, SNDK and DRAM ETF are the best way to profit both from the NAND (storage) and HBM (data processing). Hi, I first want to share my short DD on the causes of the excessive drop that we observed in the past month. It all started due to a liquidity drain due to spacex and concerns about rate hikes. Then it got followed up with renewal of the Iran tensions. Overleveraged koreans got spooked or cooked, draging the whole sector down. As