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AI reshapes global economic value
The memory chip sector has experienced significant growth, with the combined market value of its top three manufacturers surpassing one trillion dollars. This exceeds the total market value of the largest oil companies, including Aramco, which is nearing 1.8 trillion dollars. The rise is attributed to increasing demand for memory chips driven by the expanding applications of artificial intelligence, leading to higher prices and record profits for manufacturing companies. Long-term contracts and production expansion are expected to continue supporting market stability and enabling companies to capitalize on the anticipated growth in this vital sector.
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