Meta’s capex outran its operating cash flow and it created a non-voting share class to raise capital, while Lam Research said parts shortages capped its guide and put 2027 chip-equipment spending above $200bn, led by DRAM.
Super Micro’s 26% beat against its own guide and a 4% KOSPI rebound split the memory debate into consumer and server markets — and the server sets the contract price.
US chips ended an eight-day losing streak while Korea’s memory stocks sold off again: IDC data shows memory price increases are slowing, which may matter more to memory shares than record profits.
The chip index’s longest losing streak since 2008 is a neocloud credit scare, not a demand break: borrowers pay 15%, builders still fund from cash, and Treasuries acted as the hedge.
Choose which optional purposes you allow. Necessary storage is always active.