Mizuho's TMT specialist Jordan Klein believes it is time to buy memory stocks, pointing to improving supply-demand dynamics and a potential pricing recovery in the second half of 2025.
The article from MSN Money discusses Mizuho's TMT (Technology, Media, and Telecom) specialist, Vijay Rakesh, who has recommended investing in memory stocks due to an anticipated recovery in the memory market. Rakesh highlights that memory companies like Micron Technology, Western Digital, and Samsung are expected to see a significant improvement in their financial performance, driven by a recovery in demand for memory chips, particularly in AI applications. He predicts that memory prices will rise, with DRAM and NAND prices increasing by 3% to 5% and 5% to 10% respectively in the second half of the year. This optimism is based on the belief that the memory market has hit its cyclical bottom, and with the increasing demand from AI and data centers, memory stocks are poised for a rebound. Rakesh also notes that these companies are currently undervalued, presenting a buying opportunity for investors.
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