Acer CEO warns China production may ease memory supply
Acer CEO Jason Chen said rising Chinese production could eventually ease memory supply constraints and pressure prices, adding support to Michael Burry’s bearish memory-stock thesis cited in a Substack note.
Michael Burry’s bearish thesis on memory stocks gained another data point on Tuesday after Acer CEO Jason Chen warned that rising production in China could eventually ease supply constraints and weigh on prices. In a Substack note, Burry cited Chen’s interview, where Chen said memory inventories are building.