Tag: memory chips

Qualcomm Forecasts Soft Profit and Plans Price Hikes Amid Memory Shortage

Qualcomm forecast soft quarterly profit and said it will raise chip prices amid a memory shortage, as revenue from Apple continues to decline.

SK Hynix Posts Record Second-Quarter Profit on AI Chip Demand, Yet Misses Estimates

SK Hynix reported a record second-quarter profit fueled by AI memory chip demand, with revenue more than tripling year over year, though results missed est

SanDisk’s $42 Billion Backlog Fuels Rally as Memory Stock Valuations Draw Scrutiny

SanDisk shares climbed on a reported $42 billion backlog as investors questioned whether memory stock valuations have outpaced fundamentals amid the AI boo

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