What term did Morgan Stanley analysts use to describe the current corporate mindset regarding tech spending despite rising costs?
Analysts coined the term "FOMP," which stands for "Fear of Missing Procurement," as a nerdier corollary to FOMO. This reflects why companies remain eager to keep spending despite the rising costs associated with chipflation.
Q&A ID 29d7f73e-e0c2-4d9d-8a83-11d5a347ba7f
How has the historical price trend of DRAM (Dynamic Random Access Memory) changed in the context of the AI economy?
From 1957 to 2020, the price of a gigabyte of DRAM fell by approximately a factor of 10 every five years. However, according to a Morgan Stanley note, this downward trend no longer applies in the AI economy, and memory prices have risen more than sixfold over the past year.
Q&A ID 57fbe2e8-789d-46a0-9feb-3f537265e19f
What is Apple currently doing to manage skyrocketing memory chip costs according to a Wall Street Journal report?
Apple is testing memory chips from the Chinese memory chip maker CXMT. However, the company would require White House approval to bypass rules that typically prohibit such a tie-up.
Q&A ID 20a4c632-1598-4f0c-8a13-fd47e6904d07
How are AI hyperscalers like Meta, Microsoft, and Alphabet affecting the supply of memory chips?
AI hyperscalers are locking up the memory supply years in advance through long-term agreements, which leaves traditional phone and PC makers to compete for a shrinking pool of supply.
Q&A ID 3756a2f2-0529-406f-b449-3f7cb8b15137