An overlooked detail: prices for standard memory chips have been falling for several weeks, while high-end stacked memory and long-term contracts are still propping up gross margins.
This suggests the AI capex boom is cooling—from everything going up to only the most expensive segments holding firm.
To see whether a company is truly benefiting, don’t just look at the value of its orders. Look at how much of its product mix is replaceable.
This suggests the AI capex boom is cooling—from everything going up to only the most expensive segments holding firm.
To see whether a company is truly benefiting, don’t just look at the value of its orders. Look at how much of its product mix is replaceable.
