Core Insights - The latest research report from Bank of America indicates that global semiconductor sales are expected to reach approximately $1 trillion by 2027, a significant increase from the previous forecast of $860 billion driven by surging demand in AI-related fields [1] Semiconductor Industry Outlook - The growth prospects for memory chips, including HBM, general DRAM, and NAND flash, as well as components related to data centers and AI, are expected to be particularly strong [1] - The performance in consumer electronics and automotive sectors is anticipated to slightly offset overall growth [1] Preferred Stocks - Bank of America reaffirms its top five semiconductor stocks: Nvidia, Broadcom, AMD, Lam Research, and KLA, which are believed to benefit the most from robust spending in data centers and storage [1]