Campaign 1: INTACT, provisional

Update

Campaign 1: INTACT, provisional

  • Type: refresh
  • event_id: 2026-09-06-campaign-01-nearline-storage-review
  • Source: Campaign thesis review; receipt selector U:STX. September 4 settled corpus; issuer dates retained.
    • parent_event: 2026-09-06-theses-read-campaign-01
  • Shift: Nearline storage retains a distinct density-and-supply-discipline hypothesis, with current allocation, margin and competitor-capacity evidence still required.
  • Effect on thesis: STX/WDC allocation, pricing and margins with disciplined capacity and Toshiba supply behavior checked.
4 events
DateTypeEvent
Sep 6 ArticleWD: storage demand and operating margins Sep 6 ArticleSeagate: cloud storage and the density roadmap Sep 10 tweetTerry — Citi Global TMT readout: NAND TAM $50B to $500B by 2027, AMD CPU TAM $60B to $220B, optical testing capacity about 100x short Aug 22 tweetSemiAnalysis — 3D NAND is switching word lines from tungsten to molybdenum above ~300 layers

No direct external sources are attached to this read.