# Top Stocks I'm Buying For Huge Growth In August 2026 Source: https://www.youtube.com/watch?v=AEClm2Inh-M Recap page: https://rapidrecap.app/video/AEClm2Inh-M Generated: 2026-08-02T20:58:31.916+00:00 --- ## The Gist Memory, neocloud, and quantum computing stocks have dropped 30 to 55 percent over the past month due to supply fears and pricing concerns, but robust long term revenue growth makes these selloffs a buying opportunity. Major players like SK Hynix, Micron, Meta, and AT&T are scaling massive infrastructure projects that will yield massive returns. ## Quick Overview Memory stocks, neocloud providers, and quantum computing companies are experiencing a severe market correction of 30 to 55 percent, driven by fears of Chinese DUV lithography competition and long term contract pricing caps. Despite these drops, underlying revenue growths of over 100 percent and massive multi billion dollar commitments show that these sectors are heavily oversold. The speaker details how buying these dips through dollar cost averaging captures significant upside without relying on luck. **Key Points:** - SK Hynix stock fell over 15 percent in a single trading day on July 13, marking its worst day in 40 years due to fixed long term supply contracts limiting pricing upside. - Micron secured 16 strategic customer agreements representing over 100 billion dollars in minimum contract value, covering 20 percent of its DRAM and a third of its NAND flash volume. - Meta Platforms is developing its Meta Compute cloud business to rent out its AI computing infrastructure, committing 35 billion dollars to CoreWeave and up to 27 billion dollars to Nebius. - Nvidia disclosed a 9.3 percent ownership stake in Nebius, holding over 22 million shares worth roughly 9.3 percent of the company. - AT&T achieved a 240 times speed acceleration by adopting DWave quantum processors to reduce network optimization workloads from an hour to under 15 seconds. - Rigetti Computing reported first quarter 2026 total revenues of 4.4 million dollars, representing a 198.9 percent increase year over year. - IonQ received final regulatory approval to acquire American semiconductor foundry SkyWater Technology to secure a fully domestic supply chain. ![Screenshot at 14:23: Summary table displaying 1 month price drops alongside triple digit year over year revenue growth across memory, neocloud, and quantum computing stocks.](https://ss.rapidrecap.app/screens/AEClm2Inh-M/00-14-23.jpg) **Context:** The technology sector has experienced dramatic volatility with AI stocks losing over a trillion dollars in combined value over two weeks. Panic selling triggered marketwide circuit breakers in South Korea, while major firms faced steep drawdowns despite record revenue growth and major institutional contracts. ## Detailed Analysis Memory makers, neocloud providers, and quantum computing companies have experienced sharp market declines of 30 to 55 percent over the past month. SK Hynix and Micron faced severe stock drops because their long term supply contracts locked in pricing ahead of market increases, preventing them from capitalizing on immediate spot price surges. Meanwhile, neocloud providers like CoreWeave, Nebius, and IREN saw steep selloffs as investors worried about high upfront capital requirements, even though Meta committed tens of billions of dollars to them for AI infrastructure. Finally, quantum computing companies including DWave, Rigetti, and IonQ experienced synchronized pullbacks despite reporting massive performance gains, strategic acquisitions, and multi million dollar enterprise contracts. ### Memory Stocks and the Supply Contract Squeeze Memory stocks experienced historic drawdowns because long term supply agreements prevented companies from capturing immediate price spikes. - SK Hynix stock plunged over 15 percent on July 13, marking its worst trading day in over 40 years due to fixed three to five year contracts. - SanDisk disclosed 42 billion dollars in minimum contract value over the last quarter, covering over a third of its expected bits for the fiscal year. - Micron secured 16 strategic customer agreements worth over 100 billion dollars, covering 20 percent of its DRAM and a third of its NAND flash volume. ![Screenshot at 04:14: News headline reporting SK Hynix South Korean shares clocking their worst day in over 40 years after sinking over 15 percent.](https://ss.rapidrecap.app/screens/AEClm2Inh-M/00-04-14.jpg) ### Neocloud Companies and Meta Compute Neocloud stocks dropped significantly amid fears of heavy debt borrowing, despite securing billions in long term commitments from tech giants. - Meta is launching Meta Compute to sell access to AI computing power and models, hedging against overspending on its own physical data centers. - Nebius agreed to sell over one billion dollars in AI compute capacity to Reflection AI through 2029 for access to Nvidia Blackwell ultra chips. - IREN signed 2.8 billion dollars in multi year AI cloud contracts and raised its year end revenue run rate targets. ![Screenshot at 08:28: News headline announcing Meta Planning a Cloud Business to Sell AI Computing Power.](https://ss.rapidrecap.app/screens/AEClm2Inh-M/00-08-28.jpg) ### Quantum Computing Milestones and Market Pullbacks Quantum computing firms saw significant stock corrections despite major performance breakthroughs and strategic enterprise partnerships. - AT&T expanded its use of DWave quantum systems, achieving a 240 times speedup on network optimization workloads down to under 15 seconds. - Rigetti partnered with HPE to build a hybrid quantum classical testbed at the Pittsburgh Supercomputing Center starting September 1st. - IonQ cleared final regulatory approval to acquire US semiconductor foundry SkyWater Technology to domesticate its supply chain. ![Screenshot at 13:13: News article detailing DWave and AT&T expanding quantum computing applications across network infrastructure.](https://ss.rapidrecap.app/screens/AEClm2Inh-M/00-13-13.jpg)