🚨 MEMORY SUPPLY COULD STAY TIGHTER THAN IT LOOKS

→ J.P. Morgan sees DRAM supply/demand imbalance worsening into 2027

→ NAND is following a similar path

→ Even when bits reach equilibrium, pricing and inventory can stay tight

→ For $MU, the real signal is margin recovery — not just supply balance

The 2027–28 window could become an important turning point for the memory cycle.

#MU #Semiconductors #Stocks