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AI wafer allocation sent SK Hynix up 7% while Apple fell 1%, as Tim Cook warned even higher memory costs are coming in September.
The Roundhill Memory ETF jumped 3% against a falling broader market, with Micron's guidance pointing to supply tightness lasting beyond 2027.
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The memory allocation split is defining today's session as artificial intelligence customers pull wafer capacity toward high-bandwidth chips and away from the conventional parts that phones need. That divide is showing up cleanly across the semiconductor complex, with Korean suppliers rallying while their largest smartphone customer slides.