Thanks For The Memory

The AI-driven semiconductor rally has been remarkable during the current bull market, which started on October 12, 2022. It received a big boost when ChatGPT was introduced on November 30, 2023. Memory chips have been a major driver of this rally, reflecting tight supply and rising content requirements across AI systems.

As AI workloads scale, performance is increasingly determined not just by compute but by memory. High-bandwidth memory (HBM) and advanced dynamic random access memory (DRAM) both are essential for AI training and for AI inference.