Morgan Stanley analyst turns bearish on memory chips, warning of NAND oversupply and DRAM weakness; Citrini analyst says this may be a factor in KOSPI's recent pullback.

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A Morgan Stanley analyst has turned bearish on memory chip stocks, warning of an oversupply in NAND and weak demand for DRAM. The shift in outlook has raised concerns about the semiconductor sector's near-term prospects. Separately, an analyst at Citrini suggested that this negative view on memory chips could be a contributing factor to the recent pullback in South Korea's KOSPI index. The comments come amid broader market volatility, with chip stocks facing selling pressure and geopolitical tensions in the Middle East adding to the downturn. The bearish stance on memory chips may weigh on investor sentiment, potentially leading to increased risk aversion and intraday speculative trading in related equities.