Beth Kindig

SK Hynix has reportedly removed price caps in its long-term memory supply agreements, unlike Micron, which will allow spot price increases to be fully reflected in its contract pricing. $MU $NVDA $AMD $AVGO

Amazon has reportedly increased its custom silicon shipment forecast by 20-30% for Q3 versus its original plan, with this said to be tied to increased optimism for its Trainium3 chip with rack-scale mass production set for July. $AMZN $NVDA $AVGO $GOOG

TeraWulf recently signed a 20-year data center lease with Anthropic for 400MW of capacity, with first power delivery expected in 2H 2027, with the lease expected to generate around $19 billion in revenue. $WULF $AVGO $GOOG $NVDA

Broadcom announced on Monday that it has expanded its partnership with Apple until 2031 to develop and supply custom chips, with it said to cover multiple future generations of Apple hardware. $AVGO $AAPL

AI data center startup Crusoe is in talks to raise $3 billion in funding at a valuation in the $30 billion range, or triple its prior valuation from last year. $NVDA $MSFT $META

Samsung’s HBM4 revenue has reportedly surpassed $1 billion, with revenue expected to exceed $1.2 billion through the end of June, per Yonhap, just four months after starting mass production in February. $MU $NVDA $AMD

Micron on memory supply: “Even as we expect industry supply to improve gradually in 2028, we currently do not have line of sight as to when memory supply will be able to catch up with increasing demand." $MU $AMD $NVDA $AVGO

Corning: “Most sources project that new incremental AI power coming online per year will double from '25 to 2028. Likewise, the rate of GPUs deployed over this period roughly follows the same trajectory.” $GLW $MSFT $META $AMZN $GOOG $NVDA

Meta is reportedly under contract to buy computing capacity from Crusoe at two data centers, providing up to 1.6GW at full scale. $META $NVDA $AMD

Cerebras CEO Andrew Feldman: “Demand is not the constraint. Supply is not the constraint. The constraint is data centers.” $CBRS $NVDA $AMD $AVGO

According to Apollo, the S&P 500’s gains this year have been driven almost entirely by AI and energy stocks – without the two, the index would be in the red. $SPY $NVDA

Amazon AI executive Peter DeSantis believes that the first commercially viable small-scale quantum computers could arrive in 5 to 7 years. $AMZN $GOOG $IBM $NVDA

Chevron signed an agreement with Microsoft to develop a co-located natural gas power facility to power Microsoft’s new 2GW data center Pecos, scaling to 2.67GW of behind the meter power. $MSFT $AMZN $NVDA $GOOG

Goldman Sachs estimates that based on historical tech cycles, hyperscaler capex could surpass $1 trillion in 2027 – at 2% of GDP, capex would reach $950 billion, and at 3%, capex would reach $1.25 trillion, per the firm. $MSFT $AMZN $GOOG $META $NVDA

SK Hynix believes the memory shortage could last into 2030, adding fire to what may be the biggest debate in the market today; whether memory can continue its historic run. Read below for our perspective and the two major risks investors should watch as the memory trade matures. https://t.co/GidobfuFqn $MU $NVDA $AMD

Micron signed a strategic agreement with Anthropic earlier this week which will see it become the AI firm’s primary memory and storage component supplier, with Micron also making a strategic investment in Anthropic’s Series H round. $MU $NVDA $AMD

In the last 10 months, $MU added over $1 trillion to its market capitalization. The debate now is whether the memory trade has already peaked, or do shortages and pricing upside suggest there is still more room to run? Read below. https://t.co/7sMoKv6Qtx

OpenAI and Broadcom unveiled their first LLM inference-optimized chip, Jalapeno, which the two say delivered "performance per watt substantially better than current state-of-the-art" chips in early testing. $AVGO $NVDA $AMD

Since the April 2025 low, Micron $MU has added more than $1 trillion to its market cap, outpacing $NVDA returns by >18X and the $QQQ by >26X. This week, we dissect the memory shortage and offer perspective on why the memory trade may still have room to run. Link in bio. https://t.co/Lorub3bEtG

TSMC’s CoWoS supply-demand gap is estimated to narrow from around 20% currently to around 10% by the end of the year as it works to quickly expand capacity. $TSM $NVDA $AMD $AVGO

Qualcomm is reportedly in discussions to acquire AI inference and compiler startup Modular for $4 billion, a roughly 150% premium over the startup’s $1.6 billion valuation from nine months ago. $QCOM $NVDA $AMD

Qualcomm is expecting its data center chip revenue to reach $5 billion by 2027 and rise further to $15 billion by 2029, with Microsoft and Meta among the customers for its new chips. $QCOM $MSFT $META $NVDA $AMD

Marvell is said to already be in talks to use TSMC’s A14 node for future connectivity products, likely for its advantages on power efficiency, with the node set to enter production in 2028. $MRVL $TSM $INTC $NVDA $AMD

Micron $MU guided for FQ4 revenue to be $50 billion at midpoint, up 342% YoY and nearly 21% QoQ, coming in well above estimates for $43.45 billion. Adjusted EPS was guided to be $31, up 923% YoY. $NVDA $AMD $AVGO

In 2027, the WSTS projects global semiconductor sales to reach $1.91 trillion, with memory revenue surpassing the $1 trillion mark and growing 32% YoY. $MU $NVDA $AMD $AVGO

For comparison, the EPA estimates Americans use 3.3 trillion gallons of water each year to water lawns, meaning Amazon’s data center usage is less than 0.1% of that. $AMZN $NVDA $GOOG

OpenAI reportedly spent $34 billion last year, with $19 billion of that going towards R&D and roughly $6 billion going towards marketing, per the FT. $MSFT $AMZN $GOOG

Nvidia has become the number one vendor by revenue in the data center Ethernet switching market, per IDC, with the overall market growing 39.8% YoY in Q1 to $15.4 billion. $NVDA $AVGO

SK Hynix announced that it has shipped HBM4e samples to major customers, noting that it would work with these customers on mass production in a ‘timely manner.’ $NVDA $AMD $MU

Anthropic is reportedly looking to lease and manage its own data centers and is seeking financial backing from Google for some of the lease payments. $GOOG $MSFT $AMZN $META