Everything on Hardware Cycle

Record AI infrastructure spending by hyperscalers is extending the memory chip supercycle. High Bandwidth Memory demand from Nvidia GPUs sustains margins for suppliers like Sandisk and Micron despite historical cyclicality.

Impact: Memory chip suppliers are positioned for sustained high margins, but investors should monitor capex announcements from hyperscalers for signs of cycle reversal.

— from AI CapEx Surge and Software Disruption · Alles auf Aktien – Die täglichen Finanzen-News· Jan 31, 2026