The memory and storage that feed the accelerators and hold the data.
| Who | Pulse | Questions |
|---|---|---|
| the Call | 70 | 28 |
| the machines | 60 | 28 |
| the readers | — | from 5 |
mean chance that the Call's side wins over the sector's open questions with a side (p when the Call expects yes, 100 - p when no); shown from two questions; the crowd counts a question from 5 readers
Expects new supply and price competition to catch up, cooling Micron's year-over-year growth well below this pace.
Expects memory scarcity to hold, with sold-out HBM capacity letting Micron keep charging premium prices through 2027.
Expects new supply and price competition to catch up, cooling Micron's year-over-year growth well below this pace.
Expects memory scarcity to hold, with sold-out HBM capacity letting Micron keep charging premium prices through 2027.
Expects new supply and price competition to catch up, cooling Micron's year-over-year growth well below this pace.
Expects memory scarcity to hold, with sold-out HBM capacity letting Micron keep charging premium prices through 2027.
No: memory prices cool or supply catches up, so export growth falls short of doubling.
Yes: scarce HBM and high memory prices keep chip export value doubling or more from a year ago.
No: costs, inventory build, or weaker collections pull the ratio below 70 percent.
Yes: strong memory pricing and collections keep operating cash flow at 70 percent of revenue or higher.
No: costs, inventory build, or weaker collections pull the ratio below 77 percent.
Yes: strong memory pricing and collections keep operating cash flow at 77 percent of revenue or higher.
No: supply catches up or costs bite, holding operating cash flow below 84 percent of revenue, as seen in recent quarters.
Yes: memory scarcity keeps prices and margins high, pushing operating cash flow to 84 percent or more of revenue.
Expects margins to invite new supply and price wars, pulling chip export growth below this pace.
Expects HBM scarcity and locked-in fab capacity to keep memory prices and export growth at triple-digit rates.
Expects margins to invite new supply and price wars, pulling chip export growth below this pace.
Expects HBM scarcity and locked-in fab capacity to keep memory prices and export growth at triple-digit rates.
Expects memory supply and pricing to cool enough that the year-over-year growth rate drops below this mark.
Expects AI chip scarcity and sold-out HBM capacity to keep export growth above this pace for months to come.
Expects margins to invite new supply and price wars, pulling chip export growth below this pace.
Expects HBM scarcity and locked-in fab capacity to keep memory prices and export growth at triple-digit rates.
Expects margins to invite new supply and price wars, pulling chip export growth below this pace.
Expects HBM scarcity and locked-in fab capacity to keep memory prices and export growth at triple-digit rates.
Expects memory supply and pricing to cool enough that the year-over-year growth rate drops below this mark.
Expects AI chip scarcity and sold-out HBM capacity to keep export growth above this pace for months to come.
Expects the triple-digit pace to cool as the year-ago base rises and high margins draw in new supply and substitutes.
Expects chip scarcity to persist, since only three makers supply sold-out HBM and DRAM capacity through 2027, keeping prices and growth rates high.
Expects the triple-digit pace to cool as the year-ago base rises and high margins draw in new supply and substitutes.
Expects chip scarcity to persist, since only three makers supply sold-out HBM and DRAM capacity through 2027, keeping prices and growth rates high.
Expects the triple-digit pace to cool as the year-ago base rises and high margins draw in new supply and substitutes.
Expects chip scarcity to persist, since only three makers supply sold-out HBM and DRAM capacity through 2027, keeping prices and growth rates high.
No: cash flow softens or revenue rises faster, pulling the ratio under 70 percent.
Yes: memory demand and pricing stay strong, keeping cash generation near the 79 percent level seen last quarter.
No: cash flow weakens or revenue rises faster, pulling the ratio under 33 percent.
Yes: cash generation stays strong, continuing the pace near the 36 percent reading from the prior quarter.
No if Seagate's cash from operations falls below 36 percent of revenue as margins or working capital shift.
Yes if Seagate's cash from operations lands at or above 36 percent of revenue, matching its strong prior quarter.
No if Seagate's cash from operations falls below 39 percent of revenue as margins or working capital shift.
Yes if Seagate's cash from operations lands at or above 39 percent of revenue, topping its already strong prior quarter.
No if Nvidia's R and D expense growth slows below 52 percent from a year earlier.
Yes if Nvidia's R and D expense rises at or above 52 percent from a year earlier, continuing its recent fast pace.
No if Nvidia's R and D expense growth slows below 64 percent from a year earlier.
Yes if Nvidia's R and D expense rises at or above 64 percent from a year earlier, matching its recent pace.
No if Nvidia's R and D expense growth comes in below 76 percent from a year earlier.
Yes if Nvidia's R and D expense rises at or above 76 percent from a year earlier, accelerating beyond its recent pace.
Yes if memory prices hold up and Sandisk keeps a high margin, continuing the roughly 85 percent rate seen the prior quarter.
No if memory prices soften or costs rise, pulling the margin down from its recent highs below 72 percent.