It’s sad to see X and media turn so extremely negative That there’s now arguments made for “Take or Pay” noncancellable memory LTAs being cancelled. $MU: “strategic customer agreements cannot be unilaterally canceled. Customers are obligated to pay for their committed volumes whether they take delivery or not.” When talking about breaking LTAs from previous historical events: “These LTAs never had any binding terms.” Then there’s TMZ style coverage on $NVDA CEO relationships To misleading cancellations between $MSFT and $ORCL when they were from 2023… Every single day now from the media. Elon Musk posting something negative about Neoclouds to the Korean/Japanese memory companies doesn’t help either. Even today there’s something about SoftBank defaulting: $GE Vernova CEO on whether they see cancellations + financing difficulties on counterparties or turbine orders “No… we are not” Maybe there’s some non-public info not released yet? But I found find it strange that an OpenAI competitor would disclose this I’m personally fine with the volatility, and it’s fine if people have bearish arguments. But the level of misleading commentary or unsubstantiated accusations has hit a record level. And when you see the damage this causes to individuals lives in Japan to Korea to Taiwan. It’s very sad to see. Quoted @PolarisLog: 어떤 이는 메모리 사이클이 끝났다고 한다. 이제 메모리 회사들이 장기 계약도 해지당할 거란다. 이 논리의 핵심은 메모리 가격이 떨어진다는 거다. 이 논리를 펼치는 사람 중 하나는 TSMC가 디램을 만들어서 메모리 회사들이 망한단다. TSMC가 메모리를 만드는 건 그만큼 돈이 되기 때문이다. 이 논리의 핵심은 메모리 가격이 안 떨어진다는 거다. 두 논리가 충돌한다. 어지럽다.