3 6 Ke·2026-02-03 09:15Core Viewpoint - Investors withdrawing from precious metals and cryptocurrency markets may soon redirect their funds into storage chip and hard drive-related stocks, as indicated by Mizuho Securities technology analyst Jordan Klein [2]. Group 1: Market Trends - Following President Trump's announcement of Kevin Walsh as the next Federal Reserve Chair, market expectations for liquidity tightening surged, leading to significant declines in both precious metals and cryptocurrency markets [2]. - Klein noted that the storage sector's fundamentals are expected to remain robust for the remainder of the year, as stocks in this sector continue to reach new highs [2]. Group 2: Investment Insights - Klein highlighted that recent earnings reports, particularly from SanDisk, have shown a dramatic increase in expected earnings per share, projecting a rise from approximately $3 to $5 to over $60, with potential future earnings reaching $60 to $80 [3]. - Despite the optimistic outlook, Klein warned of risks associated with the sector's rapid price increases, drawing parallels to the recent sell-off in precious metals, where silver prices fell by 31% in a single day [4]. - Klein advised against concentrating investments in popular stocks like NVIDIA and Broadcom, recommending a diversified approach that includes storage chip stocks and semiconductor equipment companies such as Lam Research and Applied Materials [4]. Group 3: Stock Performance - On the day Klein made his comments, major storage stocks experienced significant gains: SanDisk rose by 15.44%, Micron Technology increased by 5.52%, Seagate Technology climbed by 6.2%, and Western Digital surged by 7.99% [4].