MU & SNDK Show Memory Shortages, Energy Next Key Bottleneck for AI Trade
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"This latest move up today shows there is additional blue sky" for AI chips, says Futurum's Brendan Burke. Even after Anthropic and OpenAI leaders expressed concerns of AI developing too fast, he believes the AI trade will not slow down. Micron (MU), SanDisk (SNDK), and other AI memory names surged as memory chip shortages presented a strong bottleneck, though Brendan points to energy as the next bottleneck to watch. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X –
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