Memory chips could be the next bottleneck for AI

Investors are ASMLTSMCaccustomed to volatility in the semiconductor industry. But recent ups and downs have been especially discombobulating. On October 15th , a supplier of chipmaking gear, reported that orders during its most recent quarter were only half what analysts had expected, causing its shares to plunge. Two days later , the world’s biggest chip manufacturer, reported record quarterly profits and raised its sales forecast for the year.