“SK Hynix's HBM business faces a structural threat as Carmack lays out the case for replacing expensive HBM with NAND flash for AI inference, where SK Hynix holds the most to lose.”
“NAND flash is over 100 times cheaper per GB than HBM, so there should be opportunity there, even after giving a flash controller a 1024 bit interface with HBM bandwidth.”
Prices are point-in-time snapshots from the named provider. The verdict compares the return since entry against the band above.