AI has been booming the stock market since early 2023 with multiple tech companies absolutely soaring. The companies that seemed to miss out were Intel, AMD, micron and sandisk etc.
That was until this year where all these stocks have absolutely boomed. Why now? The market’s had 3 years to potentially price in these gains.
And why has the price of chips and memory only skyrocketed now? What’s changed in the AI industry? Is it only AI?