SK hynix hits the Nasdaq July 10 and everyone's treating it like just another memory stock?

So the SK hynix ADR debuts July 10 and I keep seeing people file it under "memory cycle, buy low sell high." Feels like they're missing the whole point tbh.

This is basically a pure play on HBM, the memory that NVDA and AMD chips can't run without. And the numbers are kinda nuts. HBM going from like 15% of their DRAM revenue in 2026 to 58% by 2030, with HBM revenue itself supposedly climbing toward $204B by 2030. I pulled the projection chart on moomoo and the slope is almost vertical.

They're also apparently expecting up to $7B of institutional money going in before the debut even happens.

What gets me is it's not even just about hynix. If HBM stays this tight it drags the whole chain along, the TSV and packaging and wafer names too. MU, AMAT, ENTG, all of it.

idk, part of me thinks half this AI capex story is already priced in and I'm gonna get burned chasing a hot listing. But 50% of HBM bit shipments in one company is a hard thing to ignore.

Anyone actually planning to buy the ADR day one or waiting for it to cool off?