Everyone's focused on (https://www.marketwatch.com/story/flash-crash-briefly-fells-sk-hynix-while-socgen-strategist-says-korean-shakeout-is-nearly-done-8872681e?mod=mw_rss_topstories) and [SanDisk's guidance miss](https://www.marketwatch.com/story/sandisk-is-falling-after-earnings-heres-what-wall-street-says-591537ec?mod=mw_rss_topstories) as signs of demand collapse. But the real story is capex destruction, not revenue destruction.

Research these companies