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Micron and Its Memory-Chip Peers Are Riding the AI Surge. How and When It Could Turn Sour.
Memory-chip makers like Micron Technology, SK Hynix, and Samsung Electronics are experiencing a significant surge due to the demand generated by artificial intelligence. Micron is investing heavily in expanded facilities to meet this demand. However, the article cautions investors that the memory-chip industry has a history of downturns, and the current race to boost production could lead to an eventual oversupply and market crash.