The AI Boom Isn’t Breaking the Memory-Chip Slump—Yet

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The current AI frenzy is expected to drive significant growth in memory chips. But that time isn’t now.

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The ChatGPT-led craze is a big future driver of results, though not enough now as Samsung Electronics forecasts 96% drop in operating profitsChip maker Nvidia broke into the exclusive club of companies that have a $1 trillion market cap. WSJ’s Asa Fitch breaks down how Nvidia got there—and why AI is fueling the company’s rapid growth.

 

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