Things I learned today about memory: • CXL controller companies are expanding beyond chips into AICs, pooled memory, and JBOM. Customer demand is strong. • One major challenge for SK hynix is SoC design capability. • I heard this was also related to its decision to stop developing its own CXL solution internally. • The same issue could matter for custom HBM as more logic moves into the base die. SK hynix is actively hiring to strengthen this capability. • One CXL engineer questioned whether custom memory will actually generate significantly higher profits. His view is that conventional DRAM may still have the largest profit pool. • His company is working with Penguin Solutions and expanding relationships with SK hynix and Samsung. Overall, they expect the disaggregated memory market to become much larger. I immediately put what I learned from you into practice, @kevinxu 🫡