conventional HBM balanced
more conventional01234HBM-heavy
HBM allocation crowds out conventional DRAM, lifts contract prices, and migrates the pricing-power bottleneck downstream AI accelerator pulls HBM + server NVIDIA cadence overlapping cycles wafer fab silicon wafers HBM DRAM advanced packaging HBM die stack interposer conventional DRAM PC · phone · auto scarcity contract price cap branch affordability caps price pace → → wafer fab advanced packaging power bottleneck pricing power: advanced packaging