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Bank of America Analysts Tie Memory-Stock Slide to Excessive Concern

The analysts said the decline is detached from the sector’s business fundamentals.

Updated 1 min read
A technician inspects a silicon wafer inside a semiconductor cleanroom in Pyeongtaek, South Korea. (AI-generated image / EconoTimes)
A technician inspects a silicon wafer inside a semiconductor cleanroom in Pyeongtaek, South Korea. (AI-generated image / EconoTimes)

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Bank of America analysts said recent losses in memory-chip shares reflect concern that has moved beyond what the sector’s business fundamentals support.

They characterized the correction as largely detached from the health of the memory-chip business.

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