Harvard’s chip expert has a warning for AI memory investors: ‘This too will pass’ | Fortune
Memory chips have become the most valuable commodity in the AI economy. The Philadelphia Stock Exchange Semiconductor Index has leaped 60% in six weeks, and Micron — a memory chipmaker — surged 38% last week alone, its best week since 2008. Retail traders have caught on and piled into the rally at the highest level in a year that same…
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