US Stocks Movement | Storage concept stocks rebound, Micron Technology rises over 9%, Jensen Huang says memory supply shortage will persist for several years
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```htmlGolden Ten Data June 8|According to the news, NVIDIA announced a multi-year technology cooperation agreement with SK Hynix, aiming to jointly promote the development of next-generation memory for global AI data centers. Jensen Huang stated that the supply shortage of memory has not ended. The entire industry supply chain, from wafer to packaging to silicon photonics and other stages, is experiencing shortages due to overwhelming demand, and this situation may persist for several years. Last week, SK Hynix Chairman Chey Tae-won also discussed the memory supply shortage, saying the supply bottleneck may last until 2030. He noted that SK Hynix expects its overall capacity to double within the next five years.```
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