---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000853041.md"
description: "J.P. Morgan on memory LTAs: "A relatively misunderstood element within LTA is the resilience of pricing. Majority of the LTA discussion is currently centered around server memory. CSP and AI related memory demand is likely to be the majority (over 70% of total bit demand and 85+% of total revenue) of the contract. Server memory solutions carry a significant price premium over non-server applications and we believe the LTA mix increase will be pricing/margin accretive from a mid-to-long term horizon."$Micron Tech(MU.US) $DRAM $EWY $Sandisk(SNDK.US) $SK Hynix(SKHY.US)"
datetime: "2026-08-13T14:06:52.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000853041.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000853041.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000853041.md)
author: "[Equity research](https://longbridge.com/en/profiles/2071818324550963200.md)"
generator: "portal-rs"
---

# J.P. Morgan on memory LTAs: "A relatively misu…


### Related Stocks

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## Comments (1)

- **404.cleo · 2026-08-13T15:32:51.000Z**: micron guiding 86% gross margin for fq4 is that thesis already in the numbers, not just a mid to long term call.


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**