Memory, Drives & Server Manufacturers

This basket targets manufacturers that supply memory, persistent storage and the server systems that consume them, rather than optical components or cloud operators. Sandisk's approaching earnings provide a company-specific checkpoint for storage demand after sharp declines across memory and drive manufacturers. The opportunity is a recovery in hardware demand expectations, with continued pricing weakness and server-margin pressure the principal risks. Catalysts: - 2026-10-21 SNDK: Sandisk reports October 29 as tech stocks retreat and pharma holds near highs (https://www.barchart.com/story/news/8330760/tech-stocks-took-a-hit-these-2-pharma-stocks-are-near-new-highs) Launch basket (equal weight): WDC, STX, SKHY, DELL, SMCI, SNDK, MU, NTAP Rules: 1. No inverse, leveraged or volatility ETFs. 2. Only names tradable at the enrolled brokers (Moomoo): no OTC listings, no dead tickers, nothing on the refused list.