JPMorgan: Memory Chip Supply Shortage to Persist for Two More Years

The news indicates that the memory chip supply shortage will persist for an extended period, but this presents a sectoral outlook rather than directly impacting JPMorgan's operations. Technical indicators are mixed: RSI is in neutral territory, MACD is below the signal line but positive, and the price is above the SMA20 and SMA50. In the short term, there is no clear directional signal, so a sideways movement can be expected. The impact of the news may be limited, as bank stocks are generally more sensitive to macroeconomic factors.

JPMorgan's statement that the memory chip supply shortage will persist for another two years is positive news for MU, as it could support prices. Technically, the RSI is in neutral territory at 48.9, and the MACD is negative but close to the signal line, which may signal a weak recovery. The price is below the 20-day SMA but above the 50-day SMA, indicating that the medium-term trend is still upward. Despite a 2% decline in the last 24 hours, the news flow could create buying pressure in the short term. However, the market may have already partially priced in this expectation, so I anticipate a limited reaction rather than a strong rally.

JPMorgan's statement that the memory chip supply shortage will persist for another two years is strengthening expectations of price increases in the semiconductor sector. TSMC's indicators also support this positive news, with the RSI at 57.6 in neutral territory, the MACD above the signal line, and the price above both the SMA20 and SMA50. In the short term, this news flow and technical outlook could support an upward move in the stock. However, given the low rate of change at the last close, the strength of the move may remain limited.