samsung went from 15% of hbm revenue to 33% in a year. sk hynix dropped from 64% to 50%.
what will this actually do for the next contract... a buyer with another supplier it can actually qualify has somewhere to move the order. even while every supplier is selling out, i think that's significant.
but i'm not calling a price war from revenue share. samsung can gain through volume, product mix or higher prices too. the share table doesn't tell us which.
i'm still very bullish on $SKHY as they invest their capex in the right matters.
sk hynix's risk is that the shortage lasts, earnings stay strong, and customers still get more negotiating power than what the stock was bought for.
what will this actually do for the next contract... a buyer with another supplier it can actually qualify has somewhere to move the order. even while every supplier is selling out, i think that's significant.
but i'm not calling a price war from revenue share. samsung can gain through volume, product mix or higher prices too. the share table doesn't tell us which.
i'm still very bullish on $SKHY as they invest their capex in the right matters.
sk hynix's risk is that the shortage lasts, earnings stay strong, and customers still get more negotiating power than what the stock was bought for.
