> The combination of all these elements going into the future means that if Apple wants to stay ahead, I believe Apple has no choice but to take memory in house, they have the design and engineering capability in-house, and they have the money because they didn’t burn it on AI models and data centers.

I wouldn't be surprised if that was happening already -- they plan five years ahead, after all, and they've been slowly taking other systems in-house (e.g. baseband/modem) already.