B · Normal
[Xiaomi: DRAM/NAND supply and demand are still tight and fundamentals are expected to be strong until 2028] On November 5, JPMorgan Chase’s latest research report pointed out that major storage stocks have retraced about 45% on average from their 2026 highs, and the Philadelphia Semiconductor Index has retraced about 29% from its recent highs. The bank believes that despite market concerns about AI financing, power bottlenecks and investment returns, DRAM and NAND supply and demand remain tight, long-term supply agreements continue to expand coverage, and industry fundamentals are expected to remain strong until 2028. Storage company earnings forecasts are less likely to be revised down over the next six months.
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