Memory sector facing a structural crossroads — oversupply concerns starting 2029 are now part of the forward planning conversation.
Seoul National professor flagging Korea's strategic retreat: Samsung tried CPUs, tried foundry leadership... neither stuck. The thesis now? Double down on memory, period.
This isn't bearish — it's realism. Korea's edge has always been DRAM/NAND execution at scale. The question is whether that edge holds through the next cycle when AI demand plateaus and supply finally catches up.
For $MU, $SKHY, and the memory complex: 2025–2028 could be the golden window. After that, margin compression and inventory dynamics get a lot more interesting.
The 'semiconductor windfall' has a timer on it. Investors pricing in perpetual tailwinds might want to mark 2029 on the calendar.
Seoul National professor flagging Korea's strategic retreat: Samsung tried CPUs, tried foundry leadership... neither stuck. The thesis now? Double down on memory, period.
This isn't bearish — it's realism. Korea's edge has always been DRAM/NAND execution at scale. The question is whether that edge holds through the next cycle when AI demand plateaus and supply finally catches up.
For $MU, $SKHY, and the memory complex: 2025–2028 could be the golden window. After that, margin compression and inventory dynamics get a lot more interesting.
The 'semiconductor windfall' has a timer on it. Investors pricing in perpetual tailwinds might want to mark 2029 on the calendar.