If the stock price rises another two 40% increments this year, Jefferies expects the global memory price rally could extend to 2028

Odaily Planet Daily reports that Jefferies, in its latest report, said the global memory price rally may exceed market expectations, with improvements not expected until 2028 at the earliest. The report estimates that memory prices in the third quarter of this year will rise by 40% to 50% compared to the previous quarter, with a further increase of 30% to 40% in the fourth quarter, higher than the market expectation of 15% to 20%. The main reason for the price increase is that customers in the AI industry are willing to sign long-term contracts and provide approximately 40% down payments.