📋J.P. Morgan: Memory Giants Market Cap Points to $1.5T (+50%) by 2027
Source: This article is adapted from analysis shared by Jukan ✈️Semicon Japan (@jukan05) on X (Twitter), based on J.P. Morgan’s latest memory industry research.1. Market Cap Nearing $1 Trillion — Is the Rally Over?In its latest research report, J.P. Morgan $JPMorgan Chase(JPM)$ highlights that the combined market capitalization of leading global memory manufacturers is approaching $1 trillion. Based on historical valuation medians, JPM projects that this figure could expand to $1.5 trillion by 2027, implying over 50% upside potential from current levels for top-tier memory players.From an equity investor’s perspective, this framing is important: JPM is not merely forecasting earnings growth, but arguing that the entire valuation framework of the me
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