A new report suggests that all three memory manufacturers — Samsung, SK Hynix, and Micron — have collectively sold through their 2027 memory manufacturing capacity to AI companies.
Exactly. What this means is IOUs from hyperscalers are worth more to RAM manufacturers than sell-through to retail. I still have no doubt the bubble will pop eventually, I hope sooner than later, and when that happens the IOUs will be worth less (worthless, even).
Exactly. What this means is IOUs from hyperscalers are worth more to RAM manufacturers than sell-through to retail. I still have no doubt the bubble will pop eventually, I hope sooner than later, and when that happens the IOUs will be worth less (worthless, even).