Memory Chips Roar, Nvidia Sits It Out: Dow Tops 53,000 as Wall Street Bets on a DRAM Supercycle
A quiet earnings night gave way to the session's real story: a memory-chip rebound that pushed the Dow to a record 53,055.91 as UBS, Citi, and BofA turned bullish on a DRAM shortage running through 2028 — while Nvidia lagged on a chip-delay report it called false.