Multiyear Chip Industry Boom Approaching, Nomura Says -- Market Talk

Dow Jones

2025/09/25

0254 GMT - A multiyear semiconductor-industry boom is approaching, say Nomura analysts led by C.W. Chung in a research note. Big U.S. tech companies' investments in both artificial-intelligence and conventional servers are set to boost memory-chip demand and bring profit margins for DRAM and NAND products to record highs in 2026, they say. "Therefore, we believe the memory market is likely to experience an unprecedented super-cycle, with substantial investment continuing into 2027 and 2028," the analysts note. Nomura raises its target prices for the top memory-chip makers, Samsung Electronics and SK Hynix, by 46% and 50%, respectively, reflecting an upgraded operating-profit outlook for both stocks. (kwanwoo.jun@wsj.com)

(END) Dow Jones Newswires

September 24, 2025 22:54 ET (02:54 GMT)

應版權方要求，你需要登入查看該內容

登入 / 註冊

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2570564530"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2570564530\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2570564530?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-09-25 10:54","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2570564530","market":"hk","top_or_hot":-1,"title":"Multiyear Chip Industry Boom Approaching, Nomura Says -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0254 GMT - A multiyear semiconductor-industry boom is approaching, say Nomura analysts led by C.W. Chung in a research note. Big U.S. tech companies' investments in both artificial-intelligence and conventional servers are set to boost memory-chip demand and bring profit margins for DRAM and NAND products to record highs in 2026, they say. \"Therefore, we believe the memory market is likely to experience an unprecedented super-cycle, with substantial investment continuing into 2027 and 2028,\" the analysts note. Nomura raises its target prices for the top memory-chip makers, <a href=\"https://laohu8.com/S/SSNGY\">Samsung Electronics</a> and <a href=\"https://laohu8.com/S/HXSCL\">SK Hynix</a>, by 46% and 50%, respectively, reflecting an upgraded operating-profit outlook for both stocks. (kwanwoo.jun@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 24, 2025 22:54 ET (02:54 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Multiyear Chip Industry Boom Approaching, Nomura Says -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMultiyear Chip Industry Boom Approaching, Nomura Says -- Market Talk\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-09-25 10:54</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0254 GMT - A multiyear semiconductor-industry boom is approaching, say Nomura analysts led by C.W. Chung in a research note. Big U.S. tech companies' investments in both artificial-intelligence and conventional servers are set to boost memory-chip demand and bring profit margins for DRAM and NAND products to record highs in 2026, they say. \"Therefore, we believe the memory market is likely to experience an unprecedented super-cycle, with substantial investment continuing into 2027 and 2028,\" the analysts note. Nomura raises its target prices for the top memory-chip makers, <a href=\"https://laohu8.com/S/SSNGY\">Samsung Electronics</a> and <a href=\"https://laohu8.com/S/HXSCL\">SK Hynix</a>, by 46% and 50%, respectively, reflecting an upgraded operating-profit outlook for both stocks. (kwanwoo.jun@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 24, 2025 22:54 ET (02:54 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4552","symbol_name":"Archegos爆倉風波概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2570564530","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2570564530","pubTimestamp":1758768840,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0254 GMT - A multiyear semiconductor-industry boom is approaching, say Nomura analysts led by C.W. Chung in a research note. Big U.S. tech companies' investments in both artificial-intelligence and conventional servers are set to boost memory-chip demand and bring profit margins for DRAM and NAND products to record highs in 2026, they say. \"Therefore, we believe the memory market is likely to experience an unprecedented super-cycle, with substantial investment continuing into 2027 and 2028,\" the analysts note. Nomura raises its target prices for the top memory-chip makers, Samsung Electronics and SK Hynix, by 46% and 50%, respectively, reflecting an upgraded operating-profit outlook for both stocks. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4552":"Archegos爆仓风波概念","BK4127":"投资银行业与经纪业","NMR":"野村控股","SSNHZ":"Samsung Electronics Co., Ltd."},"translate_title":"野村证券表示，芯片行业多年繁荣即将来临——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NMR":1.5,"SSNHZ":0.9},"content_text":"0254 GMT - A multiyear semiconductor-industry boom is approaching, say Nomura analysts led by C.W. Chung in a research note. Big U.S. tech companies' investments in both artificial-intelligence and conventional servers are set to boost memory-chip demand and bring profit margins for DRAM and NAND products to record highs in 2026, they say. \"Therefore, we believe the memory market is likely to experience an unprecedented super-cycle, with substantial investment continuing into 2027 and 2028,\" the analysts note. Nomura raises its target prices for the top memory-chip makers, Samsung Electronics and SK Hynix, by 46% and 50%, respectively, reflecting an upgraded operating-profit outlook for both stocks. (kwanwoo.jun@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 24, 2025 22:54 ET (02:54 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}