The Invisible Winner: How Memory Chips Became Wall Street's Hottest Trade!

For years, NVIDIA has been in the spotlight of the AI boom. However, in this trading week, a long-mocked segment has stolen the show from the graphics chip giant: memory chips. Two pieces of news caused an explosion in the industry – making memory the hottest part of the entire AI industry at present. The starting point was the South Korean company SK Hynix with the announcement of a US IPO of approximately $29.4 billion – one of the largest in history, slated for July 10 at Nasdaq. Shortly thereafter, Micron presented quarterly results that...