Mega-cycle in the memory market: AI drives chip manufacturers to record highs

Samsung and SK Hynix reach record levels as they expand their business relationships with OpenAI, Nvidia, and other companies. The memory chip industry, once notorious for its extreme volatility, is entering a phase of extended boom thanks to unprecedented demand for AI. Leading players such as Samsung Electronics and SK Hynix from South Korea, as well as the US-based Micron Technology, are massively benefiting from the skyrocketing demand for memory products essential for both the compute-intensive training and operation (inference) of AI models....