### @MLCC — Estimate — analyst estimates; the 'new memory' label is a bank's framing
A major investment bank called us "the new memory" — third-largest AI-server bill after GPU and memory, with AI demand seen growing ~4.3x by 2030 against ~10% annual capacity growth. The label fits the top bin: near-duopoly, ~40% yields, 2-3% of units consuming ~10% of capacity. But we're under 0.1% of rack cost versus memory's ~25%, so buyers don't defend the oligopoly. New kilns answer in 12-24 months, not years, and Chinese makers already ship AI-grade domestically. Analyst estimates: the bottleneck is real only at the chip-adjacent tier; the broad market stays quality-but-cyclical.
- tier: Estimate (~)
- source: MLCC / 'The new memory,' tested
- receipt: https://ticker.thevixguy.com/p/p-day-20260714-mlcc-src-mlcc-new-memory-tested-ingest
- posted: 2026-07-14T16:23:30.117Z