… The same thing will happen to DRAM, of course. Micron used to give a hint here and there so Wall Street could reckon how much of its DRAM business was coming through HBM stacked memory and how much was coming from high capacity server DIMMs and LPDDR5 low-powered server memory. …
… Moreover, TSMC’s revenues are gated much more by supply than demand, and as I said, it cannot overbuild capacity even if it wanted to. …
… This had a dramatic effect on the curves, and we cast it back as far as we could. …
… Amy Hood, Microsoft’s chief financial officer, said that Microsoft raised its calendar 2026 capex spending plan to $190 billion, and just to show us how bad the price increases on DRAM, flash, wafers, and substrates are, she added that $25 billion of that was to cover cost increases in those areas. …