Morgan Stanley: US Memory Stock Sell-off is a "Healthy Reset," Not a Cycle Turning Point

Odaily reported, according to market sources: Morgan Stanley analysts described the recent sell-off in US memory stocks as a "healthy reset" and believe it does not represent a turning point in the memory cycle. Morgan Stanley expects DRAM prices could still rise by over 20%-30% quarter-on-quarter in Q3 2026. This forecast refers to certain channel and product segment metrics and should not be simply equated to the official contract prices for the entire industry's server DRAM.