Morgan Stanley Calls for "Buying the Dip"—Are Memory Stocks Set to Rebound?

The $Memory Concept (LIST23925.US)$ basket has been showing clear signs of recovery lately, and behind this rebound sits a framework from Morgan Stanley worth paying close attention to: memory is increasingly becoming one of the core bottlenecks in building out AI infrastructure, and this supply-side constraint is expected to persist for years, not quarters. In other words, memory scarcity is shifting from a cyclical squeeze into something more structural. Building on that thesis, Morgan Stanley makes a notable claim — the risk-reward profile for memory stocks is rapidly catching up to that of previously favored AI plays like Nvidia and Broadcom. That implies memory is being repriced within the broader AI value chain, moving from a supporting role toward a position the market can no longer treat as secondary. The firm argues the recent selloff has created a genuinely attractive entry point for investors. The real question is whether the market is ready to buy into a narrative where memory carries as much weight as compute chips. If that thesis holds, it would suggest the recent pullback was more of an overreaction than a trend reversal. Do you think this correction in memory stocks has run its course? Would you still add to SK Hynix at current levels? Flexibly allocate across core U.S. tech equities and diversified RWA portfolios on Bitget — achieve efficient cross-asset allocation and precision risk hedging: https://www.bitget.com/promotion/futures-rwa