AMD Dip or AI Opportunity
from Business News Today | 2 Min News | The Daily News Now!
AMD shares dipped six percent amid market jitters over SK Hynix’s rumored slowdown in HBM production — but here’s the twist: it’s not about AI demand cooling, it’s about SK Hynix shifting focus to higher-margin DRAM chips. The sell-off sparked fear, but analysts point out supply remains tight, DRAM prices are soaring, and much of the dip looks like profit-taking after AI stocks like Micron surged nearly 300% this year. Still, opportunities abound — AMD’s up over 130% this year and just locked a major supply deal with Meta for custom AI chips, positioning it for big growth ahead. Support the show: Get a discount at https://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/84d193c3f922e705
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