Tim Cook's final gift as Apple (AAPL) CEO to the stock market may be a potentially tradable bottom in crashed-out memory chip stocks. LPL Financial strategist Adam Turnquist noted investors could argue that Apple's comments on memory chip prices mean the chip stock sell-off is overdone. "We did it because we're in what I would characterize as a 100-year flood on the memory pricing, with exponential increases in memory prices." The memory chip market is tightening as demand for high-bandwidth memory (HBM) and advanced dynamic random-access memory (DRAM) used in AI servers continues to outpace supply. The shortage has pushed memory prices sharply higher and given suppliers greater pricing power after several years of weak industry conditions.