Bubble Babble, Memory Mayhem, and a Spring Swing 5/12/26
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Bubble Babble, Memory Mayhem, and a Spring Swing 5/12/26
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Summary
Chip stocks, including Nvidia, Intel, Micron, Qualcomm and AMD, are sitting near record highs and fueling concerns of a 1999 repeat. One Korean policymaker’s suggestion of paying citizens an AI “dividend” throws the memory trade into temporary disarray. Plus, home prices post their strongest monthly gain in nearly two years.
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