Jefferies just held an expert call with a memory consultant and what came out of it is significantly more bullish than w…
Milk Road AI Twitter · Milk Road AI (@MilkRoadAI) · 2026-06-22
A Jefferies expert call with a memory industry consultant reveals Q3 memory price growth expectations that significantly exceed the market's prior 15-20% quarter-over-quarter consensus, signaling a more bullish supply-demand outlook.
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Extraction
Topics: memory-pricingsemiconductor-marketai-infrastructuresell-side-research
Claims
- The market's Q3 consensus heading into the period was for memory prices to rise 15-20% quarter over quarter.
- A Jefferies expert call with a memory consultant produced a materially more bullish outlook than that consensus.
- Current market pricing for memory-exposed equities does not reflect the updated, more optimistic supply-demand picture.
Key quotes
The consensus heading into Q3 was for memory prices to rise 15–20% quarter over quarter and now the...