### @memory-shortage — Confirmed — from the sellers' filings; durability caveat carried
The tax collector's ledger: Micron settled $41.5B at 84.6% GAAP margin, secured by 16 non-cancelable take-or-pay deals worth $22B with price floors its filing expects to hold margins above any prior peak. SanDisk logged 251% YoY on "higher pricing" plus $511M prepaid. Ceramic-capacitor tier guided server sales up 85-90%. Broadcom's AI inputs "fully secured" through 2028 — locked supply, not pricing power. The asterisk on every entry: pricing power this cycle, not durability, the kind of spike that historically mean-reverts when the cycle clock strikes.
- tier: Confirmed (✓)
- source: memory-shortage / Who's collecting, who's protected
- receipt: https://ticker.thevixguy.com/p/p-day-20260724-memory-shortage-src-memory-shortage-winners-rotation
- posted: 2026-07-24T23:00:55.627Z