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Citi predicts a divergence in US chip stocks: bullish on Micron Technology, bearish on Qualcomm

Citi predicts a divergence in US chip stocks: bullish on Micron Technology, bearish on Qualcomm

格隆汇格隆汇2026/07/06 13:24
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Golden Ten Data July 6th|Citigroup analysts stated in a research report: "Given that DRAM chip prices are expected to rise in the second half of 2026, Micron Technology has been placed on the 'upside catalyst' watch list; meanwhile, due to sluggish growth in smartphone sales, Qualcomm has been placed on the 'downside catalyst' watch list." Citigroup analysts noted: "Fundamentally, demand for AI computing remains greater than supply, as evidenced by AWS EC2 GPU prices recently rising by 20%. DRAM shortages are currently the biggest constraint on computing power supply."
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