I don't expect China to be a particularly large competitor in the next year or two affected by the decision in the article, but they'll help a lot in the long r

I don't expect China to be a particularly large competitor in the next year or two affected by the decision in the article, but they'll help a lot in the long run. Micron's NY fab had a press release two months ago that they started pouring the first concrete, so that's far from coming online. If AI demand sticks around and buildouts stay cautious it could take much much longer than usual to build up enough capacity to push prices back down below $3/GB. More efficient AI memory use risks even more demand for memory because you're now able to get even more performance per dollar; the benefit of extra memory has to be sufficiently far into diminishing returns for demand to drop overall.