US Stock Market: AI-fueled memory supercycle boosts chip stocks while hardware companies struggle
- Posted on May 13, 2026
- By Business News Today
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- 1 min read
US Stock Market: AI-fueled memory supercycle boosts chip stocks while hardware companies struggle
The AI boom is causing a global memory chip shortage. This is creating winners among chip makers like Micron and Samsung, whose shares are soaring. However, companies like HP and Nintendo are struggling with rising costs. This trend is expected to continue, impacting consumer electronics prices and profitability for years to come.
