High Memory Costs Are Increasing AI Development Costs. Time to Sell AI Stocks?
Apple raised prices on some of its products to account for higher memory costs, which could have implications across the AI sector.
Overview
Micron Technology (NASDAQ: MU) just released its earnings report, and the memory chip giant delivered blowout numbers driven by the insatiable demand for its high-bandwidth memory (HBM).
Conversely, rising memory costs have affected other tech stocks, and to that end, Apple stock dropped after announcing price increases on MacBooks and iPads due to rising memory costs.
Details
That move raises questions about rising costs for other AI stocks. More specifically, investors should ask whether that undermines the investment theses driving these stocks.
Source
Originally published at www.fool.com.
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