AI-related stocks are rebounding globally after two months of losses, with chip-heavy indices like Japan's Nikkei and South Korea's KOSPI posting strong gains. Elon Musk's comments on X suggest memory, not compute, is the key bottleneck, boosting chipmakers like SK Hynix, Samsung, and Micron. Industry leaders predict sustained demand, with SK Hynix's CEO expecting shortages to extend beyond 2030.
AI stocks rally as Musk highlights memory chip demand
Source: Mint