POPA ReconMy Grudge Against Memory
My Grudge Against Memory SK Hynix, Micron, and Samsung control 89% of the DRAM market and have driven contract prices up nearly 700% YoY by converting standard DRAM into high-bandwidth memory stacks The author forecasts memory consuming 40% of hyperscaler CapEx in 2027, with hyperscalers like Microsoft already raising $25B to offset costs, may trigger CapEx pauses by mid-2027 Predicts cyclical margin compression starting late 2027 and a supply-driven bust in 2028-2030 as delayed capacity additions meet slowing demand growth https://x.com/pequityresearch/status/2066965137320484921?s=20
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