The problem is, CXMT isn't stupid either—they also want to make money in this wave. Only by making money can they have Capex, and only then can they alleviate the bigger shortage in the future.

Data shows that CXMT's DRAM prices are only less than 10% cheaper than Samsung and SK Hynix's MU, averaging about 5%.

What's the point of substitution then?

Lenovo commented that high memory prices won't improve for the next 10 years.

An SK Hynix executive said that the supply-demand imbalance in memory will last for 10 years.

This is by no means just a short-term supply shortage and price hike issue; it's one of the rare large-scale structural imbalances and mismatches in human civilization history.

Because companies like Apple have been suppressing prices for a long time, this imbalance will take at least 10 years to correct.

SNDK can only lock in until 2028, but I at least lock in until 2038.

For the rest of my life, I'll rely on this to make a living.

Thank you all!!