Hard-drive and storage stocks surged after Nvidia CEO Jensen Huang highlighted data storage as a key AI bottleneck at CES.
Memory stocks are on a tear despite disappointing earnings from Seagate Technology Holdings. Multiple factors are at play, but the key is generative AI.
Data storage stocks soared after Nvidia CEO Jensen Huang, speaking at the Consumer Electronics Show in Las Vegas on Monday, highlighted the artificial intelligence industry’s huge demand for memory ...