Semiconductors and Hardware
Memory chips
HBM, DRAM, NAND, the memory cycle
- Episodes
- 25
- Share
- 2.7%
- Shows
- 23
- Net sentiment
- +0.17
Down from 2.8% of episodes in the weeks before; net sentiment was +0.23.
Bullish 10Mixed 8Neutral 1Bearish 6
5 weeks
Share of each week's episodes, and net sentiment.
0%2%4%
Sep 21Sep 28Oct 5Oct 12Oct 19
Net sentiment
−10+1
Sep 21Sep 28Oct 5Oct 12Oct 19
The episodes behind it
Why each one was bullish, bearish or in between. Most time on the theme first.
Bullish 10
- Memory shortage expected to worsen into 2027 since new factories take about four years to build.How This Dot-Com Era CEO Is Navigating The AI Boom · WSJ Tech News Briefing · Oct 19
- Memory shortage expected to worsen into 2027 as new factories take about four years to build.How This Dot-Com Era CEO Is Navigating The AI Boom · WSJ Tech News Briefing · Oct 19
- Western Digital's CEO expects 25% annual storage demand growth, though the shares fell after results.The Exchange 10/23/26 · The Exchange · Oct 23
- Ives reports memory demand up about 30% in recent weeks, with Korean memory makers central to the trade.85% Of The AI Boom Is Still Ahead Of Us | Dan Ives · The Pomp Podcast · Oct 22
- Memory supply crunch is seen as larger than compute, with output barely rising through 2030.What will computer chips look like in 2045? · Dwarkesh Podcast · Oct 22
- Huang sees no memory oversupply in 2029, arguing HBM and LPDDR demand will persist for years.9AM HOUR: AI Trade Pain, Meta and Tesla Slide, Jensen Huang Interview 10/22/26 · Squawk on the Street · Oct 22
Show 4 moreShow fewer
- HBM shortages are expected to persist for years, constraining AI buildouts and supporting memory makers.The AI Compute Shortage Is About to Get MUCH Worse · Milk Road Stocks · Oct 22
- Korean memory makers posted record earnings and their stocks are being bought again after a selloff.Bitcoin Is Just Getting Started, Says Billion Dollar Investor | Moez Kassam · The Pomp Podcast · Oct 20
- Memory demand seen as unlimited with long-dated contracts, making Micron look cheap despite past cycles.The AI Debt Scare, a Rotation Into Value, and the Year-End Deadline You Can’t Afford to Miss · Money Matters with Dean Greenberg · Oct 19
- Memory makers look cheap on forward earnings despite cycle and competition risks.What If We’re Still Early in the AI Boom? · Know Your Risk Podcast · Oct 23
Bearish 6
- DRAM and NAND prices have surged, adding roughly $150 to device bill of materials and pressuring margins.Inside the iPhone 18Pro: What's Driving Performance, AI, and Cost · TechInsights: The Chip-Observer · Oct 20
- Memory margins look unsustainable as Chinese supply rises and Nvidia optimizes away from memory-heavy designs.Nvidia, Memory & the Next Phase of the AI Trade | Protect the Pile Episode 29 w/ Felix Wang · Hedgeye Podcasts · Oct 24
- Memory margins near 80-90% look cheap on peak earnings but are cyclical and will compress as supply returns.The AI Hardware Value Trap: Why 3x Earnings Can Lie | Stock Market · Deep Values · Oct 25
- Hybrid bonding for HBM faces weak economics and reduced demand for more layers, delaying adoption to 2029 or later.Ep. 040 - ASML Is Building a Hybrid Bonding Tool, and Its Patents Show How (AI Supply Chain) | Jordan Nanos, Howie, Sherry Zhang · SemiAnalysis Weekly · Oct 23
- Chinese memory expansion threatens the memory profit growth that has driven semiconductor earnings.Is The AI Trade Over? | Jack & Max on Panic in AI Credit, SpaceX Earnings, and Semis · Monetary Matters with Jack Farley · Oct 20
- Memory producers historically peak with earnings and fall sharply when the cycle turns.Is the AI Trade Reversal Just Beginning? What the Picks-and-Shovels Selloff Really Means · InvestTalk · Oct 21
Mixed 8
- HBM is sold out and tight into 2027-28, but substitution or demand shifts could quickly change pricing.Episode 107 | The AI Bottlenecks: Memory, Chips, and Power · Market News with Rodney Lake · Oct 22
- Prices surged on scarcity, but customer deferrals and future supply additions could revive the classic memory cycle.Micron’s memory boom Is cyclicality ending · Breaking Analysis with Dave Vellante · Oct 22
- Memory pricing and margins are very strong, but durability of earnings and China's CXMT entry raise cycle risk.How To Invest In AI Now With Janus Henderson’s Jonathan Cofsky · Barron's Live · Oct 19
- Uncertainty whether HBM stacks will grow taller or stay shorter depending on workload needs.WFE to the Moon (Still), Semicon West and OCP Insights · The Circuit · Oct 19
- Memory is seen as a strong cycle near its peak, with growers worth holding but cyclicals needing caution.A Capital Revolution: From AI to EM · Behind the Markets Podcast · Oct 23
- Micron's pricing power may last a few years, but a future supply glut is a risk.The Stock Market LOSES 2 TRILLION, SpaceX and Meta CRUSH, Is CoreWeave Going Under | Basis Points · Basis Points · Oct 24
Show 2 moreShow fewer
- SK Hynix whipsawed after calling off a US listing, citing market conditions but no change in prospects.AI Rout Finds a Floor. For Now. · WSJ What’s News · Oct 23
- Memory producers profit in a tight market but face severe downside if the AI cycle busts.Hedge Fund Manager David Orr: Investing is 99% Talent · Odds on Open · Oct 22
Around it
Companies named
- Micron 13
- SK Hynix 10
- Samsung 10
- Dell Technologies2
- Apple 1
- Nvidia 1
Shows that covered it most
- WSJ Tech News Briefing2
- The Pomp Podcast2
- Barron's Live1
- Money Matters with Dean Greenberg1
- The Circuit1
- Monetary Matters with Jack Farley1
Travels with
Themes in the same episodes, against chance.
Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.
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