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AI Hardware Boom Drives Tech Gains as Data Center Capex Surges

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The Story

News Summary

  • Impax Asset Management's Q2 letter highlighted surging AI data center investments and memory demand driving strong tech performance.
  • Micron Technology rallied sharply due to explosive demand for high-bandwidth memory in AI training and inference applications amid massive hyperscaler infrastructure spending.
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214.98 +21.75% over the displayed period

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