Long Term agreements, particularly the NCNR order is a relative newcomer this cycle. Let's see how they are holding up. The Industry Structure is showing that Fabs are in charge.
Hi Doug - quick question...when you say "Nvidia, in particular, chased supply agreements much harder than their competitors, and the temporary demand slump means they won’t fulfill their contracts.", are you saying Nvidia won't fullfil those supply agreements with fabs? What about NCNR?
Industry Structure: Fabs are in Favor - LTAs are the Tell
Hi Doug - quick question...when you say "Nvidia, in particular, chased supply agreements much harder than their competitors, and the temporary demand slump means they won’t fulfill their contracts.", are you saying Nvidia won't fullfil those supply agreements with fabs? What about NCNR?