Morgan Stanley has published an report.

Morgan Stanley has published an excellent report.

To quote a few particularly memorable lines:

“There appears to be a cohort of investors who are positioning 2026 as the exit point for memory.”

“The reason we named NVIDIA—not Micron—as our top pick is that investor sentiment… pic.twitter.com/4RREJQcDme

— Jukan (@jukan05) March 2, 2026