Memory Chip Makers Struggle With Declines in Demand, Price
A decline in prices in recent months has led to the biggest memory players—like Samsung, and Micron to revise forecasts down as the industry finds itself in the middle of a glut. Pricing continues to drop, with executives and analysts looking at middle of next year, before the pricing slide moderates.
This is not all about consumers pulling back, it's about the hoarding that took place during the pandemic, and producers failure to properly identify it as such, when they made post-pandemic projections.
Contract prices for DRAM (standard memory) and NAND (solid state storage and other non-volatile memory) dropped by 15% and 28% respectively from the previous quarter.
This is not all about consumers pulling back, it's about the hoarding that took place during the pandemic, and producers failure to properly identify it as such, when they made post-pandemic projections.
Contract prices for DRAM (standard memory) and NAND (solid state storage and other non-volatile memory) dropped by 15% and 28% respectively from the previous quarter.
