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via seekingalpha.comTech & AI

BofA sees memory chip upcycle extending through 2028

FROM THE WIRE · SEEKINGALPHA.COM

Bank of America says the memory chip upcycle could last through 2027, with industry revenue forecast at $1.47T in 2027 and $1.58T in 2028.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA memory chip upcycle outlook supports sector producers.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Bank of America says the memory chip upcycle could last through 2027.
  2. 02Industry revenue is forecast at $1.47 trillion in 2027.
  3. 03Estimates rise to $1.58 trillion for 2028.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Micron Technology, Inc.MUStock710.58 USD-0.03%today -3.08%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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