… DRAM revenue increased 73.6 percent sequentially from Q1 F2026, but Mark Murphy, Micron’s chief financial officer, said that capacity shipped, measured in bits, only increased “mid-single digits” while the rest of that “in the mid-60s percentage range” was driven by bit price increases. …
… Those flash makers benefitted nicely from price increases on the order of 50 percent to 70 percent over the past two years end of 2023 compared to end of 2025 as demand for flash drives has outpaced supply. …
… We have adopted an agile pricing posture with price adjustments across the entire portfolio with shorter quote commitment cycles. We have amended our quoting terms with a right to reprice existing orders for commodity cost increases between quoting and shipment. …
… TPM: Isn’t price the fourth factor? Praveen Vaidyanathan: Price is a different conversation. …
… The other is to hot swap the models themselves, bringing them in from DRAM to HBM to SRAM as needed and caching then out to HBM or DRAM as needed as the model flow changes. …
… Those operating margins took a bit of a hit thanks to DRAM and flash memory shortages, which are driving up prices. …
… Hence, the dramatic $20 billion acquihire of Groq, which could not be an outright acquisition because that might take a year or two and might not pass muster with the world’s antitrust regulators. …
… Of that incremental sequential 9 percent growth in business, about half came from increased shipments and the other half came from price increases. …
… Error correction needs to be addressed and the number of qubits in a given system needs to grow dramatically, and all the while the software ecosystem and algorithm development are both ramping up. …
… Hence the rise in purchase commitments at Arista, which we presume customers are prepaying with deferred revenues, also double compared to this time last year, to help cover those costs and lock in prices now as best can be done. …