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Why Memory-Chip Stocks Are Top Of Mind For Investors
Memory-chip stocks rallied on Friday amid heightened spending on data centers to run artificial intelligence applications. Micron stock and Sandisk stock both soared to record highs. Late Thursday, AI-chip maker Nvidia (NVDA) announced a strategic partnership with AI cloud service provider IREN (IREN) to accelerate deployment of up to five gigawatts of AI infrastructure. Memory chips, including dynamic random-access memory…
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