AI Boom Helps Two Firms Join Trillion Dollar Club
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The market capitalization of two chip companies has risen above a trillion dollars, driven by the skyrocketing demand for AI chips used to set up data centers. Shares of Micron and SK Hynix have rallied and raised the stock valuation of the firms to above one trillion.
Many companies are benefiting from this AI boom, and other tech giants like Broadcom Inc. (NASDAQ: AVGO) are also recording solid revenues and rising&
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