Storage stocks are plummeting. SanDisk, Micron, and SK Hynix are falling like altcoins, with companies worth hundreds of billions of dollars dropping nearly 10% in a single day. The newly elected governor of Texas has proposed pausing data center construction pending new regulations. Texas is a major hub for data center expansion, and delays in projects could push back chip and storage procurement. Stock prices have already factored in growth for the next few years; even a slight delay in realizing that growth is unbearable for the market, let alone policy changes. Those looking to buy the dip should proceed with caution. MU SNDK