Technology1/16/2026•Bloomberg

Hardware Firms Hit by Rising Memory Chip Costs | Open Interest 1/16/2026

Hardware Firms Hit by Rising Memory Chip Costs | Open Interest 1/16/2026

The article discusses the impact of rising memory chip costs on hardware companies like HP. President Trump is reportedly considering a plan to allow people to use funds from their 401(k) plans for home down payments. The article also mentions an upcoming discussion on the AI boom with Vicky Peacey of Resolution Copper. The key points are: - Hardware companies are under pressure due to skyrocketing memory chip prices - President Trump may unveil a plan to allow 401(k) withdrawals for home down payments - The article will discuss the AI boom with an expert from Resolution Copper The article provides a concise summary of the major business and economic news topics, without any overt bias.

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