Memory Chip Shares Fall More Than 50% From June Peaks
Bank of America says the retreat in memory-chip shares is sharper than industry fundamentals warrant and expects pricing and margins to remain supportive through 2028.
Bank of America sees the retreat in memory-chip shares as sharper than the industry's outlook warrants, and expects pricing and margins to remain supportive through 2028.SK Hynix NASDAQ:SKHY and Samsung Electronics (SSNLF) have each lost more than 50% from June peaks. Yet based on projected 2027 an…