GOOG · News · 20260918N
Supply Chain: Memory Constraints
Alphabet Inc. · 2026-09-18 · Importance 40 · Surprise 42 · In source text
Alphabet, Nvidia, and AMD have reportedly secured approximately 85% of the high-bandwidth memory expected to be manufactured next year. The concentration highlights a supply constraint for AI accelerators and related data-center systems. Restricted HBM availability could affect Alphabet’s ability to scale TPU and other AI infrastructure deployments.
Key facts
- Nvidia, Alphabet, and AMD have already bought most of the high bandwidth memory that will be manufactured next year. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | — | Nvidia, Alphabet, and AMD have already bought most of the high bandwidth memory that will be manufactured next year. |
| assets | positive | committed | — | Nvidia, Alphabet, and AMD have already bought most of the high bandwidth memory that will be manufactured next year. |