AI Chips Drive Market Gains Amid Inflation | Business and Finance News

Markets edged higher, but the real story? Tech’s memory chip surge. SK Hynix and Micron soared on AI-driven demand, fueled by Nvidia’s climb after Super Micro’s strong earnings. Inflation held steady, core rose modestly, and softer jobs data dimmed chances for a September rate hike—though Fed watchers stay cautious. AI chips are clearly the big mover now. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/fbb5683c7bf786f6