US Stock Movement | Jensen Huang urges DRAM manufacturers to expand production, memory concept stocks collectively strengthen, Western Digital rises nearly 5%

On the news front, Nvidia CEO Jensen Huang stated at the JPMorgan Technology Conference on Monday that the chip supply shortage is "excellent news" for Nvidia, as limited resources will prompt customers to directly choose the most powerful solutions. He called out to DRAM manufacturers: "No matter how much capacity you expand, Nvidia will use it all." This statement is regarded by the industry as a strong endorsement of the DRAM industry's prosperity, and the demand for storage resources driven by the expansion of AI computing power will continue to grow.