Carl Pei 2.5 1 idea

Carl Pei notes that memory chip costs for smartphones have exploded, moving from "15% of the cost of building a phone... to 40% for us" because "a lot of memory is bought up by AI." If consumer electronics OEMs are forced to pay massive premiums for DRAM/NAND because AI servers are soaking up all supply, this indicates exceptional pricing power and demand for memory manufacturers like Micron. LONG Memory Manufacturers (Micron) based on confirmed pricing surges in the supply chain. Consumer demand destruction if smartphone prices rise too high to cover component costs.