The significance of growing HBM demand lies not only in how much more product memory manufacturers sell, but also in the greater wafer capacity it consumes. According to relevant estimates, the wafer capacity required per bit of HBM is approximately three times that of DDR5.
The scale of AI capital expenditures is bringing a question beyond “how many new chips to buy” to the forefront: whether equipment already deployed can continue generating revenue.
Gina Martin Adams noted that U.S. AI capital expenditures already amounted to 1.
The rise in U.S. stocks is spreading from index heavyweight stocks to a broader group of equities. The Value Line Geometric Index, which represents the performance of the market’s median stock, closed above 700 for the first time this week.
The refining boom is being converted more directly into cash returns for shareholders. MPC, VLO, and PSX earned a combined approximately USD 12.6 billion in the second quarter of 2026, of which approximately USD 6.3 billion was returned to shareholders through buybacks and dividends.
The significance of NAND shortages is shifting from rising spot quotations to whether suppliers can write prices and revenue into long-term contracts. SanDisk disclosed that its NBM long-term agreements already cover 8 customers, locking in approximately 60% of capacity for 2027 to 2028.
SanDisk lowered its FY28—FY30 capital expenditure intensity target to the mid-single digits, below the mid-teens proposed at last year’s Investor Day. This is a more specific change on the memory supply side: if revenue grows while incremental investment remains restrained, the company’s framewor…
If NVIDIA Rubin Ultra’s HBM specification per chip is lowered, it does not necessarily mean shrinking demand for the HBM industry. The key is not only how much memory a single chip carries, but also whether a lower configuration brings more VR300 units into the supply chain.
What SanDisk wants to change is not just NAND sales, but the way investors view this business. Storage stocks are often valued as cyclical businesses because high profits are often seen as difficult to sustain.
Coherent’s latest earnings indicate that AI optical interconnect demand is no longer merely an order expectation, but is beginning to translate into revenue and profit. The company’s quarterly revenue exceeded USD 2.
The funding sources for AI data centers may no longer rely primarily on the on-balance-sheet capital expenditures of cloud providers such as Microsoft, Google, Amazon, and Meta. Futurum Equities has raised its forecast for cumulative data center capital expenditures through 2030 to USD 12.