As AI continues to drive technological advancements, chip suppliers like SK Hynix, Nvidia, and TSMC are experiencing significant stock surges amidst market speculation. SK Hynix, a key supplier to Nvidia, has seen a 90% rally in the past year, with Goldman Sachs and Citigroup predicting further gains based on AI potential.
Meanwhile, Nvidia, despite a rare downgrade by New Street Research citing valuation concerns, has gained 156% this year. TSMC is also on the brink of entering the trillion-dollar market capitalization club, fueled by AI demand.
Micron Technology, another AI-memory-chip maker, remains bullish despite a tepid profit forecast, emphasizing its position in the AI market. These companies face varying speculations - from concerns about stock bubbles to optimistic expectations of continued growth in the AI sector.
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