In my Semiconductor Deep Dive Marketplace newsletter to subscribers yesterday on cloud capex cuts by hyperscaler companies, I discussed the impact on two points: (1) Cloud revenues and capex and (2) Micron's (NASDAQ:NASDAQ:MU) actual financial metrics compared to main competitors Samsung Electronics (OTCPK:SSNLF) and SK hynix (OTC:HXSCL). However, in this abridged article to non-subscribers, I still want to address cloud revenues and capex. But instead of competitive financial metrics, I want to refute the report from Bank of America today that cuts by hyperscalers will benefit Applied Materials (AMAT) and Lam Research (LRCX).