Memory stocks saw massive upsurge yesterday after Jensen Huang’s CES speech reiterated demand for HBM and cold storage for ensuring proper functioning of new age Nvidia chips. New forecasts this week on Q1 memory price spikes and continued tightness into mid-2026. Media and sell-side pieces highlighting incoming “DRAM super-cycle” and raising targets for memory-exposed names and equipment suppliers like ASML and AMAT.
Key Levels: Support at 24,649.30 | Resistance at 25,816.50
Investor Takeaway: RSI at 57 below MA line trending down; MACD shows emerging buying pressures—Jensen’s CES remarks validate “DRAM super-cycle” thesis with price spikes expected into mid-2026.
