Bollcoin, October 19 - According to Cailian Press, Bank of America believes the recent correction in US memory stocks has largely detached from fundamentals, valuation multiples have bottomed out, and the market's concerns about the AI memory boom turning into a downturn are excessive. The bank expects that from 2027 to 2028, memory chip average selling prices, revenue, and profit margins will remain at supercycle levels, and even if earnings growth slows, absolute levels will remain near historical highs.