Micron CEO says low-price push by customers fueled the memory shortage
a day ago
- #tech pricing
- #supply chain
- #memory shortage
- Memory and RAM shortage is driving up smartphone and computer prices, partly due to aggressive price pressure from customers causing reduced manufacturer investment.
- Micron CEO notes that prices dropped to one-third of previous levels in 2023, leading to poor margins and halted industry investments, with shortages potentially lasting beyond 2027.
- AI companies' increased demand for memory chips exacerbates the supply-demand imbalance, resulting in consumer price hikes, including Apple's recent increases on Mac and iPad models.