Sandisk's Strategy Amid Rising Memory Prices Affects Tech Stocks
The article discusses how surging memory prices are impacting tech stocks, particularly those involved in AI and data centers. While the S&P 500 reached a record close on Friday after its best month since November 2020, performance varied across sectors with strong gains for AI-related companies like Arm, Broadcom, Alphabet, Amazon, Eaton, and Corning.
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Topics: AI stocks earnings market divergence oil prices S&P 500