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Home Market Research Markets

The AI Chip Boom Is Real. Should You Position Your Portfolio for a Tech Rally?

by TheAdviserMagazine
7 months ago
in Markets
Reading Time: 1 min read
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The AI Chip Boom Is Real. Should You Position Your Portfolio for a Tech Rally?
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The memory chip giant’s shares jumped 2.7% in premarket trading after forecasting quarterly revenue that beat analyst expectations, driven by surging demand for chips used in AI data centers, according to Reuters. It’s not just Micron celebrating. The entire chip sector is riding high, with AI darling Nvidia hitting fresh all-time highs and gaining another 1.2% in early trading…



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