This #Chuseok#, tradition meets memory innovation. 🌕 Inspired by Korea’s timeless landscape, the full moon is reimagined as a wafer, illuminating a future shaped by memory technology. Wishing you a joyful Chuseok! #SKhynix# #Chuseok# #MemoryInnovation# #AIMemory#

$MU $SKHY Memory Innovation Is Just Getting Started. 3D DRAM Incoming. "SK hynix is reportedly stepping up development of 3D $DRAM, a next-generation memory technology for on-device AI. … the company has reportedly begun recruiting 3D-Stacked DRAM-on-Logic Design Engineers through its U.S. subsidiary in San Jose, California. SK hynix is also said to have partnered with a specific customer to develop applications for the technology.” “SK hynix President and Chief Development Officer (CDO) Hyun Ahn said AI development is increasingly constrained by memory bottlenecks, requiring new memory architectures beyond incremental improvements. He said the company is working with TSMC to apply its advanced logic process to HBM4 base dies, with plans to expand the technology to High Bandwidth Flash (HBF) and 3D-Stacked DRAM-on-Logic to further integrate memory and logic for higher performance and power efficiency.” It's not just SK Hynix. I've talked to my buddies in the industry. Micron and Samsung are actively R&Ding on 3D DRAM. This product is going to be perfect for AI Inference.

Sanjay Mehrotra on Cramer today: Micron $MU is building a $10B research lab at their Boise HQ dedicated to memory innovation. $10B says memory isn’t just following a roadmap (HBM3E → HBM4E). It’s becoming foundational enough to AI infrastructure that Micron is investing in what comes after the roadmap lower power, efficiency, optimization as memory becomes a bigger share of the chip itself. Memory is no longer a commodity riding someone else’s innovation cycle. It’s the innovation. And Micron is the only company making it on U.S. soil.

Top Overnight News Kuwait and Qatar, two of the Persian Gulf’s smaller oil producers, are sending more crude through the Strait of Hormuz, adding to an increase in shipments that are keeping global prices in check. The two countries, which exported a combined 2 million barrels a day of oil before the outbreak of the Iran war, have managed to get shipments back to 70% of pre-conflict levels. BBG Qatar's prime minister will visit Tehran on Thursday in a bid to relaunch diplomacy after the U.S. and Iran traded recriminations over Washington's promise to increase economic pressure on ‌Tehran by targeting its trade partners for sanctions. Reuters. Iraq is offering buyers of its crude the option to collect supplies from outside of the Persian Gulf for the first time since the Iran war began, highlighting resilient exports flowing through the Strait of Hormuz: BBG Russia is preparing to escalate attacks on Ukraine after concluding that negotiations for a peace deal have reached a dead end. For now, Russia is weighing an intensification of powerful conventional ballistic missile attacks on Kyiv, including the center of the capital, and infrastructure targets in other Ukrainian cities. BBG The Trump administration is weighing a new round of sweeping tariffs on semiconductors, despite warnings from tech companies that the move could doom U.S. hopes of dominating artificial intelligence. Politico Nvidia reports blowout quarter, says demand for AI chips is getting even hotter. Shares rallied as the chip giant forecast 70% revenue growth next year and defended its financial support of AI companies. WSJ Kioxia Corporation and Sandisk Corporation today announced anticipated significant investments in Japan, totaling over $31 billion (approximately 5 trillion yen) contingent upon government support. The investments through 2032 will continue to strengthen partnership, one of the most successful joint ventures across any industry. The partnership has helped drive decades of NAND flash memory innovation and invested over $50 billion (approximately 9 trillion yen) in Japan over the past 25 years. BBG Anthropic PBC has agreed to spend $45 billion to rent AI cloud computing power from Nscale’s flagship data center development in West Virginia, the latest move to secure capacity for its expanding business in advance of going public. BBG US Treasury Secretary Scott Bessent’s more activist style of managing the nation’s debt has Wall Street war-gaming a potentially bigger shift in the government’s borrowing strategy over the coming months: BBG South Korea’s central bank hiked its policy rate by 25bp to 3%, its second consecutive tightening action, a move that was expected, as the country faces upside risks to both growth and inflation. Nikkei Norway’s economy picked up pace last quarter, growing 0.3% and keeping the door open for more monetary tightening. BBG Fed's Cook (voter) denied wrongdoing and vowed to fight US President Trump's effort to fire her from the Fed. Cook's lawyer said there is no legally valid reason for ousting Governor Cook from the Federal Reserve board: RTRS