The underlying demand for massive RAM builds is coming from AI hyperscalers. There are lots of signals that the sector has been overinvested and that corporate

The underlying demand for massive RAM builds is coming from AI hyperscalers. There are lots of signals that the sector has been overinvested and that corporate customers are pulling back on spending as the cost of the APIs is revealed. Once the hyperscalers start struggling to bay their debts (it will happen, just a question of time), there will be a supply glut. So the only question is: do we share the same definition of “short term”.