Quick Read AI data centers will consume 70% of global HBM production in 2026. Device makers are cutting output and raising prices. Micron’s stock surged 312% on HBM shortages that gave memory makers pricing power. Retail prices for some HBM have jumped nearly 7-fold since October. The HBM market will grow from $4B in 2023 to $130B by 2030. Bloomberg forecasts Micron capturing 25% of it. Investors rethink 'hands off' investing and decide to start making real money When it comes to electronic devic ...

Core Insights - Jim Cramer has highlighted Lam Research Corporation (NASDAQ:LRCX) as a strong investment opportunity due to the increasing demand for high bandwidth memory chips, which is essential for data centers [1][2] - Cramer noted that Lam Research is extremely profitable and has received a price target increase from Citi, moving from $175 to $190, indicating strong market confidence in the company [1] - The company is expected to have a continuous flow of orders, driven by unexpected high demand for high bandwidth memory, positioning it as a winner in the semiconductor manufacturing equipment sector [2] Company Performance - Lam Research is recognized for its significant role in producing equipment necessary for high bandwidth memory, which is crucial for data centers [1] - The company has successfully de-risked its operations from China, which has contributed to a steady influx of orders [2] - Tim Archer, the CEO of Lam Research, has a background with Novellus, which adds credibility to the company's leadership and strategic direction [2] Market Outlook - The semiconductor manufacturing equipment sector is experiencing a surge in demand, particularly for high bandwidth memory, which is expected to continue [2] - While Lam Research is seen as a strong investment, there is a belief that certain AI stocks may offer higher returns with limited downside risk, suggesting a competitive investment landscape [2]

Economic Overview - Singapore's economy showed resilience with a GDP growth of 2.9% year-on-year in Q3, exceeding expectations of 2.0% and following a 4.4% growth in the previous quarter [2][8] - The Monetary Authority of Singapore (MAS) has warned of a potential slowdown in economic growth for 2026, revising down the growth forecast from 2.4% to 1.4% [2][8] Inflation Insights - MAS maintains its monetary policy stance, expecting core inflation to bottom out soon and gradually increase, with projections of 0.5% for 2025 and a range of 0.5% to 1.5% for 2026 [3][8] - Core inflation may remain lower for an extended period if economic growth is weaker than projected [3] Corporate Performance - Samsung Electronics is set to report a 30% increase in Q3 operating profit, with expectations of reaching 10.5 trillion won ($7.46 billion), driven by strong demand and rising prices for memory chips [4][8] - The price increases for DRAM and NAND chips are estimated at 7% and 6%, respectively, with significant demand for High Bandwidth Memory (HBM) chips for AI applications [4] Strategic Developments - JPMorgan Asset Management aims to double its assets under management in the Asia-Pacific region to $600 billion within five years, highlighting its commitment to expanding in dynamic Asian markets [5][8] Industry Challenges - Ford Motor Company faces production challenges due to an aluminum supply disruption caused by a fire at Novelis's plant, impacting approximately 40% of the aluminum sheet supply for the U.S. auto industry [6][8] - Analysts predict a 20% reduction in F-Series output, equating to an estimated 46,000 fewer trucks and a potential $800 million hit to Ford's FY25 EBIT [6]