Svmuu News: Recently, a dispute has flared up again between two well-known investment research firms, Citrini and SemiAnalysis. Citrini researcher Zephyr cited relevant reports stating, “Rubin Ultra HBM performance has actually dropped to the level of 12 Hi, and they haven’t even started using HB technology yet. In 2027, they will not be using 16 Hi chips. Currently, hybrid bonding technology is very expensive for HBM (with extremely low yield rates). BESI’s biggest advantage in the short term is that TSMC employs hybrid bonding technology in its chip manufacturing and packaging processes, enabling the integration of EIC and PIC, which in turn boosts CPO production efficiency.” In response, Citrini researcher Jukan posted a related tweet in the comments section, stating, “I told you this back in April.” In response to this, SemiAnalysis founder Dylan Patel retweeted a Discord screenshot stating: “Back in March, customers using the SemiAnalysis Memory and Accelerator models were already aware that the Rubin Ultra 16 Hi would be replaced by the 12 Hi version.” Previously, Citrini researcher Jukan had cited reports stating that “NVIDIA plans to drastically cut next-generation rack memory configurations,” which caused the memory sectors of both the U.S. and South Korean stock markets to plummet collectively at the time. SemiAnalysis founder Dylan Patel clarified that the report was taken out of context and overly sensationalized.