THE EVAPORATION OF THE SK HERCULES MARKET VALUE OF $470 BILLION IN STORAGE CHIP HEAT CRACKS

On 28 July, in just over a month, the market value evaporated at $470 billion, and SK Hercules moved from being one of the world ' s most popular trades in AI to being a problem in the portfolio. Owing to investors ' concerns about the overcrowding of AI-themed transactions and the sharp increase in volatility caused by leverage trading, the share price of this Korean storage chip giant fell by about 38 per cent over the historical highs of June. During this period, the market value of SK Hercules was downsized by SpaceX on a global scale. As artificial intelligence heat drives the increase in the price of chips, SK Hercules again announces a record quarterly performance on Wednesday, but investors are becoming more cautious about the rising cost of storing chips, which may force users to reduce their use and shift to cheaper alternatives。