HP
Helmerich & Payne, Inc.
stock NYSE

Too under the radar but not anymore Stocktwits number 1 stock or at least very soon no more => nasdaq hopefully coming by end of the year. Samsung contract for 5 years combined with 2 consecutive record earnings and finally profits are huge de-risking events. , but coming earnings that will explode thanks to Samsung deal and coming winning lawsuits are huge! The whole industry is attacked by netlist and they all cheated=> goog, Samsung, micron, smci, Nvidia, HP, and many more... Next in line is Micron, they are already in trouble for the appeal on September 9. Anyways the rest is history for that stock, a true unicorn that traded in the 0.5x$ back in November last year. On a tear since then but especially in the last 10 days!

Micron, Samsung, SK sell directly to the companies that integrate the memory module into a finished component, not to the ultimate owner of the device.
For **HBM**, the main direct buyers are companies like **NVIDIA and AMD**, which package the memory with their GPUs and then sell these products into servers purchased by end users (Microsoft, **Google**, Meta, Amazon, etc). Technically, these end users also often make their own TPUs, so they do purchase HBM, but at a negligible volume.
For **ordinary DRAM**, the main buyers are **device and system manufacturers** (Apple, Dell, HP, Lenovo, Xiaomi, BBK, etc). In this category, **Apple** is probably the single largest global customer, given the enormous volume of memory it buys for iPhones, Macs, and other devices that occupy the premium market class.
Google may purchase from CXMT, but they hardly make a dent. If CXMT cannot secure large volume orders, they’ll have to cut margins to sell to smaller customers, never accruING the profits to then compete in the next CapEx cycle against Micron, Samsung, SK. Securing a massive order from Apple can basically ensure that they’re flush with cash to compete.
That’s what Apple has consistently done, primarily supporting Chinese/Taiwanese manufacturers to develop and compete at against established companies. It’s hard to understate just how much cash Apple moves around in this industry.

I haven’t read it all but may later but I’m familiar with Objective and Open Text as I have used both. I didn’t realise both were Aussie creations (bastard inventions IMO). Open Text was Trim or HP Trim (Hewlett Packard). What pique’d my interest is that I’m in AR9 which has had similar share price action. It is somehow connected to all this. It appears there is a delay in something connected to Objective or Open Text which has delayed AR9 license contracts for US Government. I really should get my head around it.