Michael Intrator
👤 SpeakerAppearances Over Time
Podcast Appearances
Oh, yeah, it is.
Oh, yeah, it is.
Oh, yeah, it is.
If memory and...
If memory and...
It has historically been a cyclical business, right?
It has historically been a cyclical business, right?
We have seen these waves of demand driving up the cost for memory and then it collapses and then it drives it up.
We have seen these waves of demand driving up the cost for memory and then it collapses and then it drives it up.
It's a very boom and bust business.
It's a very boom and bust business.
It's cyclical in its nature because the fabs are so capital intensive that people invest in the fabs,
It's cyclical in its nature because the fabs are so capital intensive that people invest in the fabs,
build a ton of capacity and then overbuild if there's any type of turn down.
build a ton of capacity and then overbuild if there's any type of turn down.
And we've seen that cycle again and again.
And we've seen that cycle again and again.
What's happening right now is the confluence of two things, right?
What's happening right now is the confluence of two things, right?
One is with all the demand for artificial intelligence and the corresponding demand for compute and the ancillary services around the GPU, the demand is through the roof.