Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
2026 World Cup
Rewards
Square
Latest
Hot
News
Profile

SemiAnalysis: Memory as a proportion of cloud vendors' capital expenditure will exceed 40%, and the market has not yet fully priced this in.

MarsBitNews
robot
Abstract generation in progress
Mars Finance News, July 4 – Independent semiconductor and AI research firm SemiAnalysis noted that the proportion of memory spending in hyperscale cloud providers' capital expenditure is becoming a hot topic in the market. Particularly after Micron's earnings report last week, some market participants were shocked by the high proportion of memory spending expected next year. SemiAnalysis first proposed back in February that memory spending would account for about 30% of cloud providers' capital expenditure. At that time, most clients questioned this figure, citing that memory typically only accounts for a dozen or so percent of a server's bill of materials. In May, as memory prices rose faster than expected, SemiAnalysis further responded: if DRAM, NAND, and HBM are combined, memory spending in Nvidia systems will exceed 30% by the end of 2026 and further rise to over 40% by 2027. SemiAnalysis expects that market understanding of this structural shift will deepen over the coming months. This means that against the backdrop of continuous expansion in AI capital expenditure, the memory segment is upgrading from a "minor item" in server costs to the "single largest cost item." Its impact on memory manufacturers' pricing power and profit elasticity has not yet been fully priced in.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments

  • Pinned

Sitemap