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ARK’s Wood Shuns Memory Chip Sector on ‘Vicious’ Cycle Risk
Source: Bloomberg
Technology & InnovationCompany FundamentalsEmerging Markets
Cathie Wood of ARK Investment Management warned that the memory-chip sector is prone to “vicious” boom-and-bust cycles, with the risk potentially worsening as Chinese companies expand capacity. The article provides no figures or specific company-level effects.
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