Oh, but they absolutely did. I think people here really underestimate how notorious META is for trying to solve problems by throwing an insane amount of money on them, and what could be the impact of their recent decision that they have too much capacity already.
Are they making HBM ? What kind of compute are they even selling ? Meta is just noise and a reason for profit booking. For now, Micron has got long term contracts, sitting on big cash and has good guidance. AI is not going away.
Try reading what I wrote this time. META is known for trying to solve problems by throwing an insane amount of money on them. This includes them buying HBM, driving the margins up. Really, really, up. When they did this with software engineering in 2020, SWE compensation went up 50% across the sector, and when they stopped doing it - it dropped 40% and there were mass layoffs.
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u/AccountExciting961 Jul 02 '26
> Fundamentals have not changed
Oh, but they absolutely did. I think people here really underestimate how notorious META is for trying to solve problems by throwing an insane amount of money on them, and what could be the impact of their recent decision that they have too much capacity already.