Memory Stocks Are Plummetting. Jensen Huang Says the Bears Have It Wrong.
The AI trade has looked awfully shaky over the last couple of weeks.
CoreWeave, the neocloud company that may have more leveraged exposure to AI than any other company due to its massive debt burden, has plunged in recent weeks on fears over its rising debt yields.
Memory stocks, which include Micron(NASDAQ:MU), SK Hynix (NASDAQ:SKHY), Samsung, and Sandisk (NASDAQ:SNDK), are also seen as some of the riskier AI stocks due to the cyclical nature of memory.
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