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Morgan Stanley

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AI memory boom triggers price surge for NOR flash and SLC NAND chips

Analysts at Morgan Stanley, JPMorgan, and TrendForce report that legacy memory types like NOR flash and SLC NAND are facing severe supply shortages as manufacturers redirect production capacity toward more profitable HBM and DRAM chips driven by AI demand. Contract prices for both chip types have already more than doubled in the first half of 2026, with SLC NAND expected to rise another 120-170% in the second half.

OpenAI Launches ChatGPT for Financial Services With Morgan Stanley, Evercore

OpenAI has introduced ChatGPT for Financial Services, a Wall Street-tailored version of ChatGPT Work built with Morgan Stanley and Evercore, powered by its new GPT-6 Astra model. The tool can research potential M&A targets, pull data from industry-standard financial sources, and automatically generate formatted PowerPoint pitch decks matching a bank's style guide.

OpenAI launches ChatGPT for Financial Services with Morgan Stanley, Evercore

OpenAI has released ChatGPT for Financial Services, a specialized version of its enterprise product built with input from Morgan Stanley and Evercore. Powered by its newest model, GPT-6 Astra, the tool can research companies, analyze financial data and automatically build the pitch decks that junior investment bankers typically produce by hand.