Counterpoint: Despite the recent stock price correction, the fundamentals of memory chips remain stable.

BlockBeats News, July 7 – Counterpoint Research Director MS Hwang stated that the recent pullback in memory chip manufacturer stocks does not signal a fundamental shift in the memory chip market. Samsung Electronics fell 6.9% on Tuesday, and SK Hynix fell 6.1%, despite Samsung expecting another quarter of record earnings driven by strong demand.

Some investors may believe that most of Samsung's upside, driven by expectations of improved profitability, has already been priced in. He said, "The recent strike actions and political discussions surrounding profit sharing could also raise concerns about future shareholder returns." However, he noted that the fundamentals of memory chip manufacturers remain solid.

According to Counterpoint’s July memory chip price tracker report, as customers continue to place orders ahead of time, DRAM prices are expected to rise by 10%-20% in the third quarter, higher than its initial forecast of 5%-10%.