This week, Silicon Valley's attention turned to the exceptionally strong results of memory chipmaker Micron. The shortage of these chips, caused by the artificial intelligence (AI) boom, has put the manufacturer on a pedestal, and even forced US technology giant Apple to raise its prices. Meanwhile, as the initial enthusiasm faded, Nvidia shares fell, again reminding us of concerns about an AI bubble.
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This week, Silicon Valley's attention turned to the exceptionally strong results of memory chipmaker Micron. The shortage of these chips, caused by the artificial intelligence (AI) boom, has put the manufacturer on a pedestal, and even forced US technology giant Apple to raise its prices. Meanwhile, as the initial enthusiasm faded, Nvidia shares fell, again reminding us of concerns about an AI bubble.