$Micron Technology(MU)$ A major inflection point for HBM and DRAM.
HBM bit demand is up +4%, but wafer share is already up 8% - and that's a conservative estimate.
Remember, HBM consumes wafers at roughly 2x the rate of bit demand growth. With notoriously low yields, it's closer to 3x.
Translation: DRAM supply is going to get squeezed HARD. Chips are tight, and the market is feeling it. This is a game-changer for memory plays.
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