Cathy Wood: Soaring memory prices are a warning signal, optimistic about AI chips that do not require high bandwidth memory

Ark Invest CEO Cathy Wood stated that she is avoiding investing in AI chip stocks that rely on memory and instead favors companies such as Cerebras Systems and Groq that develop AI chips that do not require high bandwidth memory. Kathy Wood said that the memory shortage driving up prices is a warning signal, and believes that high bandwidth memory is the most cyclical and easily commercialized link in the semiconductor industry chain. Kathy Wood stated that a price increase of three, four, or even ten times is not a normal state, and the chip industry is breaking away from its dependence on high bandwidth memory through technological design.