大叔認為記憶體大廠現在都很小心，就是怕過度擴張，不管是公司還是投資者都曾受過傷。
現在的不一樣，一來是市場需求改變，二來是廠商學聰明了，最後這個市場只有美光、三星、海力士，所以為何他們要簽署LTA，就是確保訂單能見度。
#MU
#Samsung
#SkHynix
#SNDK
完整問題：
「從歷史上看，記憶體產業是一個週期性產業，對吧？有繁榮期，也有蕭條期。我想知道，在美國投資 2000 億美元是否意味著對這種高需求的持續性更有信心，還是說人們擔心該行業產能過剩？”
Sanjay 的完整回答：
「我們正在建造這些晶圓廠，這是一個週期很長的項目。正如您在博伊西和紐約的項目中所看到的，光是建造廠房就需要好幾年時間。我們如何為這個廠房（空置的潔淨室）配備設備，很大程度上取決於我們對特定時期市場需求的最新評估。 因此，重要的是要做好準備，滿足市場需求，而記憶體已成為關鍵的推動因素。
“當然，我們的投資將始終受到嚴格管理。目前，我們只能滿足主要客戶約 50% 到三分之二的需求。因此我們必須嚴格提升供應能力，持續滿足不斷增長的需求，並滿足未來所需的各項需求，這一點至關重要。”
Full Question:
"Historically, memory is a cyclical business. Right? Periods of boom, periods of bust. I'm wondering if a $200,000,000,000 investment here in The US signals perhaps more of a confidence that that demand, that high demand is going to be permanent, or are there concerns here that, the industry could be overbuilding capacity?
Sanjay's Full Answer:
"What we are doing is building these fabs, which are very long lead time item, as you can see in in terms of what we are doing at Boise and New York, it really takes several years just to build, construct the shell. How we equip that shell [empty cleanroom] really very much depends on our latest assessments of demand at a given time. So important thing is to have that preparedness to meet the market demand, and memory has become a key enabler. It is a strategic asset for AI across consumer as well as data center industries. Because without memory, you don't really have that intelligence that is critically import important for the future road maps that our customers have.
"Our investments, of course, will always be managed with discipline. Today, we are able to meet the demand of our key customers only about 50% to about two thirds in many cases. And it's really important that we, of course, bring up this supply with discipline and continue to really, fuel the growing demand provide and serve the necessary demand that is ahead."
