# EP 187: Inside the Future of Memory Summit & AMD’s "Boring" Bullishness

- Show: [The Circuit](https://hardwarepodcasts.com/podcast/the-circuit)
- Published: 2026-08-09
- Length: 40m
- Episode: 180
- Page: https://hardwarepodcasts.com/podcast/the-circuit/2026-08-09-ep-187-inside-the-future-of-memory-summit-amds-boring-bullishness
- Listen: https://share.transistor.fm/s/e3758391

## Summary

Ben Bajarin and Jay Goldberg analyze AMD's recent earnings, noting that while the execution was solid and data center CPU demand doubled year-over-year, the market reaction was muted due to conservative guidance and high capital expenditure expectations. Ben reports from the Future of Memory Summit, highlighting the maturation of the CXL (Compute Express Link) ecosystem, driven by hyperscalers' need to reuse legacy DDR4 memory for inference workloads. The hosts also discuss the durability of long-term agreements (LTAs) in the memory supercycle, citing Sandisk's strong margins, and identify SiTime as a key beneficiary of the rack-scale AI infrastructure boom.

## Chapters

- [0:05](https://hardwarepodcasts.com/podcast/the-circuit/2026-08-09-ep-187-inside-the-future-of-memory-summit-amds-boring-bullishness#t=5) Introduction and AMD Earnings Analysis
- [4:05](https://hardwarepodcasts.com/podcast/the-circuit/2026-08-09-ep-187-inside-the-future-of-memory-summit-amds-boring-bullishness#t=245) AMD CPU Demand, TSMC Capacity, and Capex
- [11:00](https://hardwarepodcasts.com/podcast/the-circuit/2026-08-09-ep-187-inside-the-future-of-memory-summit-amds-boring-bullishness#t=660) Future of Memory Summit and CXL Ecosystem
- [15:34](https://hardwarepodcasts.com/podcast/the-circuit/2026-08-09-ep-187-inside-the-future-of-memory-summit-amds-boring-bullishness#t=934) CXL, Memory Reuse, and Rack-Scale Architecture
- [26:24](https://hardwarepodcasts.com/podcast/the-circuit/2026-08-09-ep-187-inside-the-future-of-memory-summit-amds-boring-bullishness#t=1584) Memory Pricing, LTAs, and Sandisk Earnings
- [36:31](https://hardwarepodcasts.com/podcast/the-circuit/2026-08-09-ep-187-inside-the-future-of-memory-summit-amds-boring-bullishness#t=2191) SiTime and Timing/Synchronization in AI

## Topics

- [Chips, FPGAs & semiconductors](https://hardwarepodcasts.com/topic/chips-and-fpgas)
- [Sourcing & supply chain](https://hardwarepodcasts.com/topic/sourcing-and-supply-chain)
- [Pricing, margins & unit economics](https://hardwarepodcasts.com/topic/pricing-and-unit-economics)
- [Scaling production](https://hardwarepodcasts.com/topic/scaling-production)

## Most relevant to

large enterprises

## Mentioned

- AMD (company)
- TSMC (company)
- Intel (company)
- NVIDIA (company)
- Broadcom (company)
- Micron (company)
- Samsung (company)
- Marvell (company)
- CXL (other)
- DDR4 (product)
- DDR5 (product)
- Sandisk (company)
- SiTime (company)
- Apple (company)
- Oracle (company)
- Credo (company)
- OmniConnect (product)
- PCIe (product)
- HBM (product)
- NAND (product)
- DRAM (product)

## Related episodes from other shows

- [Interview: AMD CTO Papermaster | Interview: Imagination CEO Black | Where to Invest in 2020](https://hardwarepodcasts.com/podcast/ee-times-current/2020-01-24-interview-amd-cto-papermaster-interview-imagination-ceo-black-where-to-invest-in) (EE Times Current)
- [AI and Semiconductor Memory: More, More, More](https://hardwarepodcasts.com/podcast/ee-times-current/2021-10-01-ai-and-semiconductor-memory-more-more-more) (EE Times Current)
- [AMD's MI300 and the Future of Accelerated Compute](https://hardwarepodcasts.com/podcast/oxide-and-friends/2023-12-12-amds-mi300-and-the-future-of-accelerated-compute) (Oxide and Friends)
- [RIP Optane](https://hardwarepodcasts.com/podcast/oxide-and-friends/2022-08-09-rip-optane) (Oxide and Friends)
- [Intel CPU |5G Fixed Wireless | AI Silicon Race | SMIC Rift](https://hardwarepodcasts.com/podcast/ee-times-current/2019-03-29-intel-cpu-5g-fixed-wireless-ai-silicon-race-smic-rift) (EE Times Current)

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