Everyone's watching [Micron's stock choppy on China fears](https://www.marketwatch.com/story/microns-stock-sees-choppy-trading-as-china-fears-loom-large-0965123f?mod=mw_rss_topstories) while celebrating the memory shortage as a structural win. The problem: supply squeezes only create pricing power if demand is inelastic. It's not. The moment OEMs see pricing pressure, they optimize architecture, reduce layer counts, or shift to older nodes.

Research these companies