Intelligence, decoded

Memory Chip Costs: The Hidden AI Expense Everyone Ignores

While everyone cheers Micron's skyrocketing AI-driven earnings, there's a detail most traders conveniently overlook: the real price of the intelligence revolution isn't just processors—it's memory chips and the energy bill that comes with them. Stephanie Guild, Robinhood's Chief Investment Officer, just exposed this blind spot in a Bloomberg interview that reveals the hidden cost of the AI boom.