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Memory chip costs are up as AI companies gobble up the hot commodity. Consumer electronics companies like Dell and HP are raising prices.
It has been a bruising 24 hours for investors in memory chip storage companies, including Micron Technology, Inc. (Nasdaq: MU), SanDisk Corporation (Nasdaq: SNDK), Western Digital Corporation (Nasdaq: WDC), and Seagate Technology Holdings (Nasdaq: STX).
Accel led the London chip startup’s round, with Pat Gelsinger joining as an angel investor, weeks after Anthropic was reported to be in early discussions to become a customer. Fractile, the London-based startup designing inference chips that put compute ...
Micron is scheduled to report fiscal third-quarter results on June 24.
