Yes - in market pricing and sentiment. Market pricing (Fed funds futures / option-implied probabilities) has shifted noticeably toward earlier and/or more cuts later this year after CPI came in below expectations: headline inflation at ~2,4% YoY and a weaker monthly print. Traders have increased the odds of a June rate cut, with some pricing in a ~50-80% chance of at least one cut by mid-year.
Yes, the memory shortage narrative still holds for 2026, driven by overwhelming demand for high- bandwidth memory (HBM) and enterprise SSDs for Al applications, which has tightened the supply of conventional memory chips and sent prices soaring. The rallies in Micron and Western Digital (SanDisk's parent company) stock prices are a direct reflection of this market dynamic and the increased profitability for memory manufacturers.
Yes, Nvidia is still considered a top chip pick for 2026 by numerous Wall Street analysts and investment firms, including Bank of America, Morgan Stanley, and Jefferies. The stock is generally seen as an attractive buy, with many analysts believing it has already experienced a recent pullback that presents a buying opportunity, rather than indicating a market bottom has not been reached.