From TokenPost · · 40s
Bank of America Sees Memory-Stock Floor
Bank of America says U.S. memory-chip stocks hit cycle floor despite AI fears.
In brief
Bank of America says U.S. memory-chip stocks hit cycle floor despite AI fears. Bank of America believes U.S. memory-chip stocks have reached a cycle floor in valuation multiples, with earnings expected to stay near historical highs through 2028. Originally reported by TokenPost.
Bank of America's view
Bank of America sees recent decline in u.s.-listed memory-chip stocks as out of step with company fundamentals.
2027-2028 outlook
Bank of America expects memory-chip average selling prices, revenue and margins to remain at supercycle levels through 2028.
U.S. vs. South Korea stocks
Morgan Stanley warned south korean memory stocks could hit cycle peak, but Bank of America focuses on u.s.-listed stocks.
The bottom line
Bank of America believes U.S. memory-chip stocks have reached a cycle floor in valuation multiples, with earnings expected to stay near historical highs through 2028.
