Expect more of those DRAM price hikes as memory shortage continues to bite

DRAM prices doubled in Q1 2024 and are projected to rise by 58-63% in the current quarter due to a persistent AI-driven memory shortage. Suppliers prioritize high-capacity DRAM for AI servers, limiting availability for PCs and smartphones. Key manufacturers like Samsung, SK hynix, and Micron are expanding HBM production, with new capacity expected by 2027-2028.