Memory company stocks are seeing 1,000% gains from the AI boom

The AI boom has turned Nvidia (NVDA) into the world's most valuable company, at one point pushing its market capitalization past the $5 trillion mark. It also boosted Google (GOOG, GOOGL) and Microsoft's (MSFT) earnings and turned ChatGPT into a household name. But the AI frenzy isn't limited to companies that make AI chips or even the ones that build AI software. Memory and storage companies are also benefiting from the AI explosion. AI data centers house thousands of computer servers that run the AI ...