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Rampant AI demand for memory is fueling a growing chip crisis

The cost of one type of DRAM soared 75% from December to January, accelerating price hikes throughout the holiday quarter.

Debby Wu

As part of a letter of intent signed in September, Nvidia said it planned to invest as much as $100 billion in OpenAI.

“I believe in OpenAI. The work that they do is incredible. They’re one of the most consequential companies of our time.”

TSMC sits at the heart of the global technology supply chain, producing cutting-edge chips for iPhones and Nvidia’s AI offerings.

CEO C.C. Wei reaffirmed TSMC’s commitment to spend another $100 billion to ramp up manufacturing in Arizona over the next half-decade.