Semiconductor Stocks Outlook: Memory Chip Shortage, AI Spending Debate, and What to Watch Before Monday’s Open
A global memory-chip shortage is driving up prices, with some segments more than doubling since February, Reuters reports. The PHLX Semiconductor Index closed Friday at 7,207.64 after a quiet session, as investors watch for updates on AI infrastructure and Big Tech spending. Nvidia shares rose after agreeing to license technology from Groq and hire its CEO. U.S. markets reopen Monday.