原文：

原文：
The main duo $SKHY and Samsung are having a fun day.

I'm still long memory (eg. $EWY / $DRAM ) since if capacity agreements extend 3-5 years... and your analysts model 2.8-3.3x 2027E. Risk/reward is attractive over time.

But I think legacy memory a very interesting trade currently due to ASP hike potential..

It also just so happens these same companies procure memory from even smaller memory companies (that might have higher sensitivity)...

So if you want to, you can track $PSMC wafer allocations, and find some interesting companies that likely replace $MU discontinued legacy memory through Alliance or supply directly to Samsung.

Won't mention them on X, but just throwing out some research ideas.

翻译：
主要的两大玩家 $SKHY 和 Samsung 正在玩得很开心。

我仍然看好内存（例如 $EWY / $DRAM），因为如果产能协议延长 3-5 年……而且你的分析师给出 2027E 2.8-3.3 倍的模型。风险/回报随时间具有吸引力。

但我认为传统内存目前是一个非常有趣的交易，因为其可能的 ASP 上涨。

恰好这些公司也从更小的内存公司采购内存（可能更敏感）……

所以如果你愿意，可以跟踪 $PSMC 的晶圆分配，找到一些可能通过 Alliance 替代 $MU 已停产的传统内存，或直接供应给 Samsung 的有趣公司。

不会在 X 上提及它们，只是抛出一些研究思路。