Goldman’s AI memory basket plunges 51% from peak, JPMorgan sees earnings buffer for now

What we know so far

investingLive (Nov 9, 08:07): The memory sell-off is the sharpest sign yet that investors are pricing a peak in the AI capex cycle before the earnings data confirms it. That keeps pressure on chip-heavy indexes such as the Kospi and on semiconductor names globally. JPMorgan’s view that earnings are protected for six months gives value buyers a case for stepping in. Goldman’s credit-spread warning,…