3 AI perspectives
Micron delivered a historic quarter with 196% revenue growth and EPS that crushed estimates, yet the stock plunged 30%. Google''s TurboQuant is being blamed for threatening memory demand, but the real culprit behind the unraveling of a 666% rally lies elsewhere.
Data centers are now devouring 70% of all memory chips produced this year, and the laptops and smartphones in our hands are being quietly downgraded as a result. This isn't just a parts shortage story.
While 70% of global DRAM production gets sucked into data centers, consumers are left staring at RAM price tags that have doubled overnight. With OpenAI's Stargate project claiming 40% of global DRAM output, the Big Three memory makers have effectively abandoned the consumer market — and someone has to pay for this structural shift.
