The amount of memory coping around LTAs is wild. Absolutely wild.
People should know better these LTAs aren't worth the paper they are written.
If we see a significant downturn, it definitely won't be cyclical. People will have thought they massively overbuilt!! They wouldn't be able to care less about their relationship with Micron.
Just admit that if prices were guided up 30% QoQ again you'd be exhilarating and because they were guided in the single digits, it makes sense the market reacted the way it did.