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HBM Supply Locked, Samsung Strike Looms & TSMC's 2nm Surge
Audio is available on Spreaker — see link below.
SK Hynix has sold out its entire 2026 HBM capacity while a 45,000-worker Samsung strike threatens to reshape the AI memory supply chain. Plus: TSMC's blistering 2nm ramp, Intel's sliding server share, and what AMD's Friday selloff really signals.
Audio is available on Spreaker — see link below.
SK Hynix has sold every unit of its twenty twenty-six HBM capacity. Not most of it.
The supply lock-in is only part of the story. SK Hynix also poached roughly two hundred engineers from Samsung in four months.
Which brings us to Samsung's side of this equation, because it doesn't look clean. Nearly forty-five thousand unionized workers have confirmed an eighteen-day walkout starting May twenty-first.
Pull back to the broader infrastructure picture and TSMC is where the momentum is clearest. First quarter revenue came in at thirty-five point nine billion dollars, up thirty-five percent year over year.
Intel's position is more complicated. The stock has rallied sharply, partly on a preliminary foundry agreement with Apple and reports that SK Hynix is testing Intel's EMIB packaging technology.
AMD fell five point six nine percent Friday, down twenty-five dollars sixty cents in a single session. The fundamentals don't justify that move on their own.
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