$SKHY $AAPL $CXMT CXMT is the obvious next question here‼️ China's largest DRA… · @carrioresearch · TwKit

@carrioresearch

$SKHY $AAPL $CXMT CXMT is the obvious next question here‼️ China's largest DRAM maker listed on Shanghai's STAR Market in July, and Alibaba Cloud, ByteDance and Tencent are all named as customers in its IPO prospectus. So far it has come in at the top of the price range. Reuters reported in June that Tencent signed a multi-year server DRAM deal with CXMT worth more than 20 billion yuan, and ByteDance followed in July with a deal reported at up to five years. In August, China Fund News reported that $AAPL tested CXMT mobile DRAM and asked for a lower price. CXMT held at or above Samsung and SK hynix levels, and the talks ended without a deal. Tim Cook set the expectation on Apple's July 30 call: "if there were more suppliers, that would be good, and it would help us on the supply side, and perhaps the pricing side. It's unclear on the pricing side." That's how it's playing out. With Chinese clouds filling its order book, CXMT has had no reason to compete on price, and the same clouds are now asking Samsung and SK hynix for up to ten years of supply as well. A fourth supplier is competing for volume while prices hold, and that's good for every DRAM maker in the race. Pricing on new long-term deals is the thing to check on SK hynix's Q3 call

曝光 413 · 评论 1 · 点赞 2 · 书签 0