Memory chip makers are leveraging their newfound power to secure long-term agreements, a move set to reshape the industry's business model and stabilize prices (Dan Gallagher/Wall Street Journal)

<a href="https://www.wsj.com/tech/ai-has-made-memory-chips-more-valuable-than-oil-3b6976d8?st=8TUYVu&amp;reflink=desktopwebshare_permalink"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260530/i6.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260530/p6#a260530p6" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Dan Gallagher / <a href="https://www.wsj.com/">Wall Street Journal</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.wsj.com/tech/ai-has-made-memory-chips-more-valuable-than-oil-3b6976d8?st=8TUYVu&amp;reflink=desktopwebshare_permalink">Memory chip makers are leveraging their newfound power to secure long-term agreements, a move set to reshape the industry's business model and stabilize prices</a></b></span>&nbsp; &mdash;&nbsp; Micron, Samsung and SK Hynix are cheap despite their $1 trillion valuations if long-term contracts stabilize the sector</p>