Memory Stocks Are Crashing, Should You Buy the Dip?

**Kyle Reidhead** (0:00)
A lot of the spook in the market of the last few weeks have been around people thinking that we're going to start consuming less tokens because it's getting too expensive. And I think the market is getting that wrong.

**LGD Ustad** (0:10)
What's up, everybody? It's LGD Ustad here, and welcome to Milk Road AI, the daily AI show that doesn't think any amount of super intelligence will ever be able to solve life's most frustrating problems like untangling a bunch of cords or finding that extra sock. Today is July 15th, 2026, recording on July 14th. This is our weekly roll-up episode where we sit down with our top three AI analysts and discuss what's happening in the market and where they are putting their capital to work. Today, the market is in turmoil. CPI came in really good, so lots of stuff is popping off, but memory is down despite having a strong bulk case for basically everything that's to come in tech and AI, and many experts, like our own, believing that the cyclicality of memory is a thing of the past and that prices will only go higher. We also kick off the episode by talking Apple and how they are incredibly well positioned to make the next version of Siri, the all-in-one dominant application for AI. Plus, I challenge the guys towards the end what it would take for their ultra bullish stances to change a little bit, to bearish. And if you want to see their portfolios, you can get access to their trades and positions in Milk Road PRO. It's only a dollar to test it out for a week. They already called Micron, Nebius, Bloom way before they ran, and they got more coming. So smash the link below to GoPro. Today's episode is brought to you by BitGad Stocks 2 with real liquidity, real dividends, and Securitize, the regulated rails for tokenization. All right, boys, we're back. Lots of action in the market today that I'm desperate to understand. Let's do our little roundabout where you guys each give me your thoughts on the market. Melvin, let's start with you, man. How are you feeling today?

**Melvin** (1:32)
Yeah, market's kind of flat today.
There was a lot of weakness in... Is it flat? Is it flat?

**Kyle Reidhead** (1:39)
No, what do you mean? We're ripping. What? We had inflation, the lowest inflation print we've had in like five years, so the lowest drop anyway. What do you mean? The Nasdaq's up 1.3%.

**Melvin** (1:50)
Spy's at 0.35%, bro. Are you kidding me?

**Kyle Reidhead** (1:53)
Bitcoin's up 3.5%.

**Vincent** (1:56)
Kyle, the issue is Melvin is used to different swings, man. He's used to like 10% in a day.

**LGD Ustad** (2:01)
Who is that that's talking, man? I've never heard that clear voice.

**Kyle Reidhead** (2:04)
Hey, by the way, before Melvin gives his take here, just before this, we finally figured out Vincent's mic. Everyone, we've seen your comments over the last four weeks. RIT guy spent three hours with him last week, did not fix it.
LG just realized his mic was backwards. It was backwards, guys, for the last four weeks. So now, when Vincent talks, he sounds great. We're back. Let's go. All right, Melvin.

**LGD Ustad** (2:29)
AI is going to solve a lot of problems, guys, but there's some that it will never solve, ever. You'll still need some 40-year-old dude to tell you what to do.

**Vincent** (2:40)
Oh, bearish Europeans for sure.

**Kyle Reidhead** (2:43)
Bearish European, bearish Gen Z.

**LGD Ustad** (2:45)
Three seconds into Melvin's weekly analysis. Okay, Melvin thinks the market is flat. Why do you think that, Melvin? Because there's some stuff moving, there's some stuff that isn't.

**Melvin** (2:54)
Correct.

**Kyle Reidhead** (2:55)
So Nebius is down.

**Melvin** (2:56)
Nebius is down. There's been a lot of weakness in that sector, mainly because there's a couple of lawsuits that came out recently about them, and as well as all the meta news that came almost a week and a half ago that really pulled them down to a certain price level, and now it's gonna take a little bit more news for them to even come out. The funniest thing is, there was news today that they signed a $1 billion contract today, so Nebius was actually up to $221 in pre-market. Now, because of the overall market sentiment, they dipped all the way down to $197.
But other than that, I still remain bullish as ever on Neoclouds and overall the state of our economy and the state of the market. I think we are in a really good place, and I think we're gonna continue to rip into end of this year. And I think summer is a really bad time for stocks in general. Stocks tend to be choppy, so I expect that to clear out by end of this month or into the next month. I think we're going higher.