Samsung just hit $1.3T market cap — first Korean company ever. SK Hynix at $948B. Micron at $875B (+161% in 45 days).

All three are SOLD OUT through 2026. Every chip. DRAM, NAND, HBM — gone. Orders pushed to 2027-2028. New fabs won't be ready until 2028.

SK Hynix ships 90% of its HBM to Nvidia. The HBM market is scaling from $35B (2025) to $100B (2028) — 40% CAGR.

AI doesn't run without memory. Every GPU cluster, every data center, every model needs these chips. They can't build capacity fast enough.

Samsung: 6x in 14 months

SK Hynix: 12x

Micron: 12x

When supply is locked and demand is infinite, price only moves one direction. This isn't hype — it's structural scarcity in the most critical layer of AI infrastructure.

DYOR.