Siebert says AI trade shifts to structural bottlenecks as memory pricing power faces new capacity risk
Siebert analysis flagged a shift in AI investing toward structural bottlenecks, warning temporary shortages can fade as new capacity arrives. Memory-stock selloff tied to fears new Chinese and Korean output could erode DRAM and HBM scarcity, pressuring pricing power in 2027-2028. ASML cited record Q3 sales of EUR 11.7