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Stock impact report

Morgan Stanley sends clear message on semiconductor stocks after selloff [Yahoo! Finance]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Yahoo! Finance
10%, as investors grow cautious about valuations, demand trends, and the sustainability of recent gains. On March 24, Alphabet's Google ( GOOGL rolled out TurboQuant , a new compression method that could reduce the amount of memory required to run AI models by 6x, causing a sell-off in memory names, with Micron ( MU ) and Sandisk (SNDK) down more than 10% in the days following the news. The recent pullback in those stocks may look like the start of a bigger downturn. But Morgan Stanley says it is not. Here's what the firm sees. Memory is now the bottleneck in AI growth Over the past two years, investors have focused on GPUs from companies like Nvidia as the key driver of AI growth. That is still true. But memory is now the limiting factor. In a March 26 research note sent to TheStreet, Morgan Stanley argues that in a normal cycle, a selloff reflects investors taking profits on concerns about flat spot pricing, rising capital spending, and productivity gains. "But this is a Show less Read more
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