Memory chip makers are looking at a 'supercycle' and 'windfall gains.' The stocks jumped 30% in one week

CNBC Top News ·

Memory chip makers are looking at a 'supercycle' and 'windfall gains.' The stocks jumped 30% in one week

Memory chip makers have been riding a wave of surging demand that's boosted pricing power and profit projections in the historically volatile sector. …

Memory chip makers have been riding a wave of surging demand that's boosted pricing power and profit projections in the historically volatile sector. Rather than a one-time shortage in need of a correction, analysts are increasingly talking about this demand as evidence of a "supercycle" in the sector. They think it could last for years, especially if artificial intelligence adoption by big companies happens more quickly than they currently expect. …

Original source: CNBC Top News

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Tim Cook · SK Hynix · Microsoft