AI Data Centers
-
Samsung reported an 1,800% jump in operating profits to 89.4 trillion won or ~$58 billion over the past quarter. Shares still fell. Why? 1. Profit taking as shares are up 140% YTD. 2. Results were pretty much in line with expectations. Samsung is the largest manufacturer of DRAM memory needed to support thousands of GPUs…
-
AI infrastructure stocks particularly in memory, photonics, and data centers took a big hit last week. Spooking investors who are thinking “is this the end?” Not even close. I see it as a classic “too much good news, too fast” after massive year-to-date gains in the sector. For example, sector leaders such as Micron Technology…