Memory Chip Frenzy Lifts SK Hynix, Micron

Investors are betting that the current boom in memory chips, driven by demand for AI applications, will continue, pushing SK Hynix and Micron into the $1 trillion market capitalization club. Despite historical patterns suggesting such surges are unsustainable, a growing sentiment among market participants indicates this cycle might be different. The sustained demand for high-performance memory is fueling optimism that the current frenzy is not merely a temporary spike but a foundational shift in the semiconductor industry, driven by the insatiable appetite for AI-powered computing.