102566506 OP 老王一路发发发发发发 : In its latest report, Morgan Stanley maintained an overweight rating on US memory chip stocks, viewing the recent market sell-off as normal profit-taking rather than a signal of a peak in the cycle. Memory chips have evolved from being beneficiaries of AI demand to becoming a core bottleneck in the expansion of AI infrastructure, with supply and demand expected to remain tight for several years. Current valuations are still considered attractive. Morgan Stanley believes that concerns over increased capital expenditures, demand destruction, and Google's TurboQuant memory optimization technology have been overblown.
Regarding Google’s TurboQuant memory optimization technology, Morgan Stanley analyst Joseph Moore described it as an incremental evolution aimed at expanding context windows and enhancing model capabilities, rather than reducing storage needs, posing no substantial impact on the memory market.

102566506 OP 76055812 : its up now