{"id":236312,"date":"2026-06-24T06:00:00","date_gmt":"2026-06-24T10:00:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/24\/the-worlds-largest-tech-companies-memory-chips-skyrocket-amid-ai-data-center-buildout\/"},"modified":"2026-06-24T06:10:16","modified_gmt":"2026-06-24T10:10:16","slug":"the-worlds-largest-tech-companies-memory-chips-skyrocket-amid-ai-data-center-buildout","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/24\/the-worlds-largest-tech-companies-memory-chips-skyrocket-amid-ai-data-center-buildout\/","title":{"rendered":"The World\u2019s Largest Tech Companies: Memory Chips Skyrocket Amid AI Data Center Buildout"},"content":{"rendered":"<p><a href=\"https:\/\/www.forbes.com\/sites\/rashishrivastava\/2026\/06\/24\/the-worlds-largest-tech-companies-memory-chips-skyrocket-amid-ai-data-center-buildout\/\">The World\u2019s Largest Tech Companies: Memory Chips Skyrocket Amid AI Data Center Buildout<\/a><\/p>\n<p><a href=\"https:\/\/www.forbes.com\/sites\/rashishrivastava\/2026\/06\/24\/the-worlds-largest-tech-companies-memory-chips-skyrocket-amid-ai-data-center-buildout\/\">https:\/\/www.forbes.com\/sites\/rashishrivastava\/2026\/06\/24\/the-worlds-largest-tech-companies-memory-chips-skyrocket-amid-ai-data-center-buildout\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-06-24 06:00:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.forbes.com\">www.forbes.com<\/a><\/p>\n<ul>\n<li>\n<p><strong>AI Boom Boosts Memory Chip Business<\/strong>: The surge in demand for AI infrastructure has significantly increased sales for memory chip companies, with Micron experiencing a 196% growth year over year to around $24 billion in the second quarter of 2026.<\/p>\n<\/li>\n<li>\n<p><strong>Micron Transforms Business Model<\/strong>: CEO Sanjay Mehrotra rebranded Micron, phasing out consumer storage devices and shifting focus to long-term, high-value contracts, ensuring sustained high prices for their specialized memory chips.<\/p>\n<\/li>\n<li>\n<p><strong>Industrywide Market Cap Surge<\/strong>: Micron, SK Hynix, and Samsung have all surpassed $1 trillion in market capitalization, reflecting the intense profitability driven by the AI boom.<\/p>\n<\/li>\n<li>\n<p><strong>Global Supply Chain Challenges<\/strong>: Micron continues to struggle with meeting just 50% to 75% of demand due to production limitations in Indiana and New York, a situation shared by many AI companies struggling with supply chain issues.<\/p>\n<\/li>\n<li>\n<p><strong>Global Leaders in AI Memory Supply<\/strong>: Micron&#8217;s top customers now include leading tech firms like Nvidia, Apple, Amazon, Microsoft, and Google, underscoring the dependence of these giants on advanced memory technology.<\/p>\n<\/li>\n<li>\n<p><strong>Other Semiconductor Companies Shine<\/strong>: Semiconductor firms like AMD, Broadcom, and Cerebras also noted impressive gains, with Broadcom&#8217;s market cap climbing and Cerebras making a solid revenue showing despite not being profitable.<\/p>\n<\/li>\n<li>\n<p><strong>Employee Tensions in Korea<\/strong>: Samsung faced potential industrial strife with workers over compensation, though managed to secure lucrative bonuses to stave off strikes, helping it stay competitive.<\/p>\n<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The World\u2019s Largest Tech Companies: Memory Chips Skyrocket Amid AI Data Center Buildout https:\/\/www.forbes.com\/sites\/rashishrivastava\/2026\/06\/24\/the-worlds-largest-tech-companies-memory-chips-skyrocket-amid-ai-data-center-buildout\/ Publish&#8230;<\/p>\n","protected":false},"author":1,"featured_media":236313,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/imageio.forbes.com\/specials-images\/imageserve\/6a3acb599a08fc5fac58913c\/0x0.jpg?format=jpg&height=900&width=1600&fit=bounds","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-236312","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/236312"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=236312"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/236312\/revisions"}],"predecessor-version":[{"id":236314,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/236312\/revisions\/236314"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/236313"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=236312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=236312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=236312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}