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Bank of America: Storage cycle bids farewell to “J-shaped” growth, but fundamental upside remains vast; chip shortage may persist until 2027

Bank of America: Storage cycle bids farewell to “J-shaped” growth, but fundamental upside remains vast; chip shortage may persist until 2027

智通财经智通财经2026/10/05 03:26
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According to Jinse Finance, Bank of America recently released a research report stating that as the fourth quarter of 2026 approaches, the storage cycle will gradually exit the previous J-shaped growth stage and enter a new phase of development. This is consistent with Micron Technology's (MU.US) recently announced performance and latest guidance: the company's sales in the fourth quarter of fiscal year 2026 are expected to increase by 31% quarter-on-quarter, lower than the 74% in the third quarter; the company expects sales in the first quarter of fiscal year 2027 to grow by only 13.5% quarter-on-quarter.

According to Golden Ten Data, Bank of America pointed out in a recently released research report that with the arrival of the fourth quarter of 2026, the storage cycle will gradually move out of the previous J-shaped growth phase and enter a new stage of development. This is consistent with the recent results and latest guidance announced by Micron Technology (MU.US): sales in the fourth quarter of fiscal year 2026 increased by 31% quarter-on-quarter, lower than the 74% growth in the third quarter; the company expects sales in the first quarter of fiscal year 2027 to increase by only 13.5% quarter-on-quarter.
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