Its suppliers have responded in kind: On Thursday, SK Hynix said it plans a “considerable increase” in capex, and Samsung said it’s ratcheting up spending on its memory production capacity. Microsoft Corp. shares slid 6.1% after revealing a slowdown in cloud services growth, while Meta climbed 6.6%. Samsung and SK Hynix — two makers of the memory chips that go into Nvidia Corp.’s essential AI accelerators as well as data center servers — reported profits that grew several-fold. On the other hand, Meta chief Mark Zuckerberg talked about “a major AI acceleration” that’s been brewing within the tech industry for over a year. Samsung is close to obtaining certification from Nvidia for the latest version of its AI memory chip.