Optics expert PhotonCap uses the recent Micron and Anthropic agreement as a starting point to explain why the memory bottleneck in AI infrastructure is becoming a structural problem.

The piece breaks down why HBM shortages are lifting the broader DRAM market, and why the next path toward memory disaggregation may make optics increasingly important.

Anyone who wants to understand both the memory side and the optics side of this debate should definitely read this article.