Innlegg

🔥 Intel isn’t coming back for NAND — it’s coming for the next AI memory battle. The market is already asking: Does Intel’s storage comeback threaten $SNDK, $MU, or $SKHY? I think that’s the wrong question. Intel’s Z-Angle Memory (ZAM) project with SoftBank’s SAIMEMORY is aimed at next-generation stacked DRAM — higher capacity, higher bandwidth, and lower power consumption for AI servers. In other words, Intel isn’t looking to restart the NAND price war. It’s trying to challenge the HBM profit pool. That’s why I wouldn’t panic about $SNDK. Its core business remains NAND and enterprise SSDs, while ZAM is targeting the DRAM/HBM side of the market. The bigger long-term question is $SKHY, $MU, and Samsung. HBM is extremely profitable today, but what happens after 2028–2030 if AI memory has more than one winning architecture? That’s the real story. Intel already sold its NAND business to SK Hynix years ago. Now, instead of coming back to fight over SSDs, it’s placing a bet on what could become the next generation of AI memory. ZAM isn’t commercial yet, and it’s far too early to call it an HBM killer. But Intel has already taken a seat at the table. The next AI battle may not be about who makes the fastest GPU — it may be about who controls the memory behind it. 🚀 #DailyOrbit