[Morgan Stanley: U.S. Memory Stock Sell-Off is a 'Healthy Reset,' Not a Cyclical Turning Point] Odaily Planet Daily reports, according to market sources: Morgan Stanley analysts have described the recent sell-off in U.S. memory stocks as a 'healthy reset' and believe it is not a turning point in the memory cycle. Morgan Stanley expects DRAM prices in Q3 2026 to still potentially rise by more than 20%-30% quarter-over-quarter. This assessment pertains to certain channels and product categories and should not be simply equated with the official contract prices for server DRAM across the entire industry.