Leading brokerage Wedbush expects memory's memorable run to continue following the rise in revenue guidance from extreme ultraviolet (EUV) machine maker ASML (ASML). The development is expected to be beneficial for DRAM-focused memory chipmakers like the newly listed SK Hynix (SKHY).
“We view the increased 2027 outlook (and potential increase in 2028 EUV builds) as consistent with the strong demand we are seeing for both leading-edge logic and DRAM to support AI builds,” analyst Matt Bryson opined in a note to clients. “The timing of increased shipments fits our view that higher spend in 2027 will ultimately lead to increased output in late 2027/early 2028 (for memory in particular).”