Woofun AI notes that Citrini analyst Jukan suggests recent memory chip stock declines may reflect market pricing of future supply expansion rather than industry collapse. While global shortages may persist until 2027, supply-demand tensions are expected to ease in 2028 as Samsung Electronics and SK Hynix expand capacity. Jukan posits that AI-driven demand growth could buffer traditional cycle downturns, potentially reducing earnings volatility and supporting higher valuations compared to past cycles.