Merkle3s Capital(@Merkle3sCapital):11 月 4 日苹果涨 5.31%、微软涨 6.68%，双双收在历史新高。同一天希捷跌 8.13%，美光跌 7%。一个月下来铠侠跌超五成，闪迪跌四成。需求倒没坏，闪迪数据中心营收环比还 +61%。那市场到底在怕什么，明天长文拆给你看，顺带讲接下来两个月该盯哪几个日子。

2026.11.05 08:04

11 月 4 日苹果涨 5.31%、微软涨 6.68%，双双收在历史新高。同一天希捷跌 8.13%，美光跌 7%。一个月下来铠侠跌超五成，闪迪跌四成。需求倒没坏，闪迪数据中心营收环比还 +61%。那市场到底在怕什么，明天长文拆给你看，顺带讲接下来两个月该盯哪几个日子。

Merkle3s Capital@Merkle3sCapital

2026.11.05 08:03

On Nov 4, $AAPL +5.31% and $MSFT +6.68%, both closing at record highs. That same day, $STX fell 8.13% and $MU -7%. Over the past month, #Kioxia# is down more than half and #SanDisk# down 40%. Demand isn't the problem though. SanDisk's data center revenue was still up 61% quarter over quarter. So what is the market actually scared of? Tomorrow we will break it down with a long post, plus which dates to watch over the next two months.