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#memory-chips

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SK Hynix shares jump 11% after record quarterly profit, outperforming broader market
Metals·

SK Hynix shares jump 11% after record quarterly profit, outperforming broader market

SK Hynix shares surged 11 percent following a record-shattering quarterly profit that significantly outperformed broader market expectations. The massive earnings beat underscores intense demand for advanced memory chips used in artificial intelligence applications.

NVDA
6.3K4458
Nvidia's Jensen Huang says he sees no sign of a 2029 memory glut: 'You can always use more'
Metals·

Nvidia's Jensen Huang says he sees no sign of a 2029 memory glut: 'You can always use more'

Nvidia's Jensen Huang has predicted that there will be no memory glut in 2029, citing strong demand for memory chips. The company's CEO believes that the demand for memory will continue to outstrip supply, driving up prices and benefiting Nvidia's business. This prediction is based on a range of factors, including the growth of AI and the increasing use of memory-intensive applications.

NVDA
2.6K1208