Memory chip stocks are experiencing a significant rally, recovering from a sharp selloff last week. The rebound is supported by positive industry fundamentals, including an Apple warning about rising memory costs and a forecast from TrendForce for double-digit price increases for DRAM and NAND in the fourth quarter. [1, 7] Analysts have also turned more bullish, with Goldman Sachs suggesting South Korean chip stocks could double after being oversold, and Bank of America seeing a potential long-term re-rating for the sector as AI demand boosts profit durability. [5, 15]