#BernsteinSaysMemoryBullMarketToLastUntil2027

BernsteinSaysMemoryBullMarketToLastUntil2027

The AI revolution isn't just about GPUs. Memory is becoming one of the biggest winners.

According to Bernstein, the memory bull market could continue until 2027, supported by long-term demand from AI cloud providers. While the explosive price rally may be slowing, the overall cycle remains positive.

Key highlights:

Q2 DRAM prices surged 74% quarter-over-quarter.

Server DRAM and Mobile DRAM both posted exceptional gains.

Q3 DRAM price growth is expected to moderate to around 13%–18% as consumer electronics demand softens.

NAND remains mixed, with wafer prices easing while mobile and SSD contract prices continue to rise.

AI infrastructure investment remains the strongest long-term demand driver.

For investors, this suggests the opportunity is shifting from chasing short-term price spikes to identifying companies with strong exposure to AI data centers and enterprise memory demand.

Bernstein continues to view Samsung, SK Hynix, Micron, and SanDisk positively, while remaining more cautious on Kioxia due to market dynamics.

As AI models become larger and cloud infrastructure expands, high-performance memory could remain one of the most important building blocks of the digital economy through 2027.

Do you think the AI-driven memory cycle still has room to run, or has most of the upside already been priced in?

Dragon Fly Official

‍#BernsteinSaysMemoryBullMarketToLastUntil2027