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It’s a good time to be in the memory business. As the AI datacenter business booms, SK Hynix and Micron’s revenues have tripled in the last year, and Samsung’s has roughly doubled. But while the trio have the AI revolution to thank for their good fortune, the deck is stacked for a reversal. Such is the memory business historically. Today, sky high demand for high-bandwidth memory (HBM), DDR5, and NAND flash memory needed for GPU servers has devoured any remaining capacity, leading to shortages that have driven up prices on everything from consumer electronics to AI infrastructure. You can't even buy a budget smartphone these days. The big three memory vendors are now in the process of investing hundreds of billions of dollars to bring new fab capacity online. In June, South Korean President Lee Jae Myung announced a $576 billion investment led by SK Hynix and Samsung to bolster chip production and shore up AI supply chains. On Thursday, Micron said that it would invest up to $3 billion to strengthen the US semiconductor supply chain, and according to recent reports, the Idaho-based chipmaker is also working to boost production across its Singapore, Taiwan, and Japan sites. Unfortunately, it's a slow process. Semiconductor manufacturing is among the most complex and resource-intensive industries in the world, and building a new DRAM or NAND flash wafer fab is not a trivial endeavor. Before the first chip can roll off the production line, financing must be secured, a location must been selected, permits must be won, and tens of millions of dollars of support facilities ranging from power conditioning and air handling to the ultra-pure water filtration systems must be deployed. Even after the clean rooms are completed, hundreds of millions of dollars of specialized lithography, wafer transport, and test equipment must be installed and validated. And once everything is ready to be powered on, it can take months to dial everything in and bring yields to acceptable levels. This process often takes years even without delays. So while there are a handful of new memory fabs already under way, anything SK, Samsung, or Micron starts today will take at least three years to bring online, and even longer to ramp production. That means memory prices are going to stay high for the foreseeable future. A recent IDC report warns that we may not see relief from the RAMpocalypse until at least 2028. That’s great news for memory makers, whose revenues will stay inflated. But it’s a big problem for AI startups and model devs, who will be paying higher infrastructure prices until that happens. OpenAI and others have spent the last four years or so and hundreds of billions of VC capital developing ever more capable models, agents, and tools. It’s no longer a matter of whether the technology works, but rather whether the benefits justify continued investment at current or higher levels. Sooner or later, these startups will have to turn a profit, and sky high memory prices certainly aren’t helping to find anything resembling a margin in the cost per token. The question now is whether or not the memory vendors can bring new capacity online before the great AI houses exhaust their VC-subsidized runway and the music stops. Historically, memory is a commodity, with wild swings in pricing characterized by boom and bust cycles. Memory vendors therefore rely on boom cycles to finance fabs, knowing full well that, once they come online, the additional capacity could end up cratering prices. As we reported late last year, the AI boom has changed this dynamic dramatically. Where we should have expected memory prices to fall across 2025 and 2026, we’ve seen the exact opposite as AI infrastructure consumes every bit of DRAM and NAND it can get its hands on. But if the anticipated demand for AI falls short, everyone loses and memory vendors will find themselves at the bottom of a bust cycle to end all bust cycles. On a bright note, the sky-high price of memory will no longer factor into why you can't afford a new laptop or smartphone. ®
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Occupation Thinktank comms director
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Het Intnernet speculeerde op basis van deze beelden hevig dat Conor al geblesseerd was vlak voordat hij de ring instapte. Maar dat zou ten eerste helemaal niet stroken met deze opwarm-beelden back stage van een paar minuten eerder, en ten tweede ontkent Conor het zelf stellig en schrijft over zijn knie: "My head gasket is gone. Destroyed. I had no injury / injuries going into the fight. I was throwing kicks, planted and jumping, all throughout camp as well as backstage before the fight. This came out of nowhere. I am beyond dark here. I can only describe it as hell."
Ook daarna lijkt hij te zeggen dat hij het mentaal even heel zwaar heeft nu: "I was so sharp and so ready for this fight I cannot believe what has happened. The talk of me being off while walking in to the fight is nonsense. I was calm, ready, and confident. I am in shock what has taken place. The devil is literally staring at me right in front of my face here. I am not engaging. I will be at church tomorrow. I will overcome this. I will not be deterred. I will return."
De medische lezing lijkt ongeveer hierop neer te komen: "Right knee injury, worry for ACL/MCL Possible additional patella subluxation".
Max(imus) the Merciful gaf tijdens het gevecht 69 seconden meerdere keren bij de scheidsrechter aan dat Conor geblesseerd was en hij het gevecht wilde stoppen, maar toch ging hij schoorvoetend door tot McGregor het zelf opgaf.
Max(imus) the Merciful!
Max Holloway couldn’t stop making knee jokes while talking about Conor McGregor 😭
— Happy Punch (@HappyPunch) July 12, 2026
“You guys are making me a terrible person, what the hell?” pic.twitter.com/IvaqTzjviX
De beelden waar mensen een blessure op voorhand in zagen, maar Conor ontkent dit stellig
SocialEen paar minuten eerder was hij inderdaad nog in orde
SocialHet vertrek
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Sinds begin jaren zeventig zien toeschouwers door tijdrekken elk WK minder voetbal. In Qatar keken ze gemiddeld bijna drie kwartier naar een bal die niet bewoog. Een tijdslimiet voor wissels, inworpen en doeltrappen moet dat vanaf nu tegengaan. Werkt het ook?
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