### Comment:
&gt;As for the cyclical part, you're looking back and saying DRAM was cyclical in the past therefore it'll be cyclical in the future without bothering to try and see the difference. 
  
 That's what I'm getting at. I don't see 'AI' and 'DataCenters' as suddenly increasing and requiring a ton of memory. SmartPhones have billions of customers.

### REPLY:
Where is the increase in demand from?

### END.