Prompts a memory-chip boom - and electronics inflation. Get used to it.

Memory-chip momentum is driving a broader electronics price increase, even as investors grow cautious about chip stocks following a two-day tech selloff. Micron posted a strong quarter, with shares rising nearly 16% on Thursday, while South Korea’s SK hynix filed for a U.S. IPO. The article links the current memory boom to higher costs across many devices, including products associated with Apple and Microsoft, suggesting the pressure may persist for years. It also frames competition around “Nvidia wannabes” as AI demand expands, citing OpenAI’s custom Jalapeño chip made by Broadcom for AI inference and Qualcomm’s new Dragonfly data center CPU and machine learning accelerator. In the chipmaking supply chain, IBM said it unveiled sub-one-nanometer chip technology, and Applied Materials introduced equipment for 3D stacking architectures. The news also notes Groq’s $650 million raise and Cerebras’ drop in value after going public.