Huang stated from South Korea that 'Demand is enormous. From wafers to silicon photonics and cable connectors, everything across the entire industry supply chain is in short supply.' NVIDIA also disclosed a multi-year partnership with SK Hynix to co-develop next-generation memory for its upcoming Vera Rubin systems.
Micron has discussed visibility extending into 2027, and SanDisk has signed five New Business Model multi-year customer agreements with firm financial commitments, positioning both companies to benefit if the shortage Huang outlined holds.
Micron was up 3.5% in overnight trading and SanDisk up 2.3% following Huang's remarks, after both stocks fell during the week (MU down 11.02%, SNDK off 8%).
Summaries like this, in your inbox every morning.
Pick your industry and the AI tools you use, and get news related to your work every day.
Free · 30 seconds with Google · unsubscribe anytimeWhat is AIToday? →
Ask AI anything about this article. The AI reads this article, earlier AIToday articles, and Wikipedia, and cites its sources. Q&As are published on this page for other readers too.
The Motley Fool argues Amazon is the AI company of the two, since AWS was just 21% of first-half 2026 revenue…
Hewlett Packard Enterprise stock is down 5% at $55.87
Vercel data published Thursday shows TypeSafe AI's Jev, a lightweight decision model for choosing among predet…
Chunghwa Telecom president Rong-shy Lin said the shift from conversational AI to autonomous AI agents is resha…
CoreWeave fell 5% in premarket trading Friday and was on track to finish the week down 15%, after rebounding f…
Apple and Meta said they would jointly release a new open-weight AI model designed to run on high-end Macs, ai…
