Memory prices to peak this year in upcycle turning point, research suggests
SCMP·- Global memory-chip stocks are retreating as cooling price growth and rising inventories signal that the sector's upcycle is nearing its late stage. - Bernstein Research reported that conventional DRAM contract price increases are projected to slow to about 17 per cent in the third quarter compared to 65 per cent in the previous period. - Despite aggressive supply expansions by Chinese producers like CXMT and YMTC, major financial institutions project that memory market shortages will persist until at least 2028 due to robust AI demand.The AI Trade Everyone Forgot
ZeroHedge·- Chinese technology has lagged behind U.S. MegaCap Tech during the year. - Improving AI fundamentals, accelerating model development, and depressed valuations narrow this performance gap. - These factors suggest the current valuation disparity may be unjustified for investors.