$Intel(INTC)$ CEO Lip-Bu Tan said he isn't seeing any signs of the AI buildout, or related memory chip demand, slowing down. At an industry conference this week, he noted memory prices have risen somewhere between 5x and 7x.
"Last year...I said memory was going to be the big bottleneck and that turned out to be the case and next year is going to be even worse. You cannot have 70%, 80% of your cost coming from memory."
$Roundhill Memory ETF(DRAM)$ $Micron Technology(MU)$ $SK hynix(SKHY)$ $SanDisk Corp.(SNDK)$
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