Goldman Sachs forecasts semiconductor memory undersupply through 2028 as AI demands squeeze HBM wafer capacity

@zephyr_z9 another trillion dollars to Zephyr IBKR

SK Hynix is still shipping a lot of memory at “old, cheap” contract prices, while market prices have already jumped much higher.

Q1 2026 DRAM ASPs were up ~65% QoQ, but spot/benchmark contracts were closer to +90–95% in the same period – that ~25–30 point gap is the discount baked into those long‑term deals.

As those contracts with $NVDA and $AMD roll off in H2 2026 and get renewed at today’s higher levels, SK Hynix can raise prices again and grow profits even if demand doesn’t spike further – which is exactly what those higher 2027–2028 earnings forecasts are starting to reflect.

@zephyr_z9 But the X bears keep saying its cyclical and nobody wants to tokenmaxxx, plz explain yourself.

@zephyr_z9

@zephyr_z9 More $MU calls it is

@zephyr_z9 Yeah that Skhynix was an easy 1trillion USD co and it now really is!! Great 👍

@zephyr_z9 When do you think pricing turns is sorta a major question

@volcrushed @zephyr_z9

@zephyr_z9 看来签5Y长协的会越来越多

@zephyr_z9 Going to go jump off a bridge after selling at $520. Damn trump and his shenanigans with Hormuz volatility

@volcrushed @zephyr_z9 melt down will be so brutal, but first we melt up

@thedealdirector @zephyr_z9 Eventually they’ll be correct. Maybe 2028…….