Last Thursday, in the aftermath of Apple's biggest one day plunge since Liberation Day, and second biggest single-day drop ever....... when the company lost over a quarter trillion dollars in market cap after the company's unprecedented price increase announcement which for some products was as much as 50% as Apple decided to pass on soaring component costs to consumers, following similar moves from other consumer electronics companies....... and which Apple blamed on "unsustainable" prices by the memory cartel - namely SK Hynix, Samsung, Micron and Sandisk - who have been flooded with unprecedented demand from hyperscalers (freshly funded with hundreds of billions in newly-issued investment grade debt) we predicted that "China's memory makers are waiting by the phone" for a disgruntled Tim Cook to call, demanding bulk, cheaper RAM.*APPLE SHARES CLOSE DOWN 6.1% IN BIGGEST DROP SINCE APRIL 2025
China's memory makers are waiting by the phone
— zerohedge (@zerohedge) June 25, 2026To be sure, Apple wasn't alone: just hours later Microsoft also announced it was raising Xbox prices, in effect launching an avalanche of memory-driven price increases across the industry, now that it has been normalized to pass on soaring memory prices to consumers.This, in turn, takes place following a series of reports - initially on this website almost a month ago which showed that the recent surge in core inflation is largely due to runaway chip/memory prices as Apple has since confirmed...At what point does Trump start raging at soaring memory prices
