Memory Stocks Are Plummetting. Jensen Huang Says the Bears Have It Wrong.

Memory chip stocks have declined roughly one-third from their July peak amid investor concerns about cyclical oversupply and rising debt yields. However, Nvidia CEO Jensen Huang argues the shortage won't ease until after 2029, and memory stocks trade at attractive valuations with extreme profit margins. The article suggests memory stocks may be undervalued given long-term AI demand from robotics and autonomous vehicles.