Ivana Delevska analyzes memory market dynamics, arguing HBM constraint is peaking while agentic AI broadens demand; favors equipment suppliers over chip makers for next investment wave.
no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY
Ivana Delevska argues HBM capacity constraint is at its peak and prices may taper as new supply comes online; however, agentic AI drives broader memory hierarchy demand (working memory, storage), lifting entire memory trade; recommends equipment suppliers over chip makers for next investment wave.