After weeks of shaky ground, AI related stocks are on the rise again—Here's what Elon Musk's post indicates about trend

AI-related stocks are recovering after a two-month decline triggered by inflation concerns and AI bubble fears, led by memory chip makers. Japanese and Korean chip-heavy indices posted strong weekly gains, with the Nikkei 225 advancing 4.7 percent and KOSPI jumping about 22 percent in 10 days. SK Hynix CEO said the AI boom has redefined the memory chip business and expects shortages to extend beyond 2030, while Oracle, Microsoft, Meta, Amazon and Alphabet have added a cumulative debt of about 350 billion US dollars for AI infrastructure.