From groceries to gas and electronic devices, everything is becoming more expensive these days. If you’ve been in the market for a smartphone, tablet, or PC, you may have noticed that prices have gone up by a few hundred dollars. The current situation in the market likely has one main culprit, and that’s AI.
Since the launch of ChatGPT in late 2022, every Big Tech company has made AI a top priority by pouring billions of dollars into AI-driven solutions and AI agents. These companies are now building massive AI data centers to provide the computing power needed for their chatbots.
These data centers require a significant amount of memory chips, which are mainly supplied by three companies: Samsung, SK Hynix, and Micron. Prior to the AI boom, smartphones accounted for roughly 40% of global DRAM demand. However, in 2023, Server DRAM's share reportedly reached 37.6%, surpassing Mobile DRAM at 36.8%..
Today, AI companies have lined up at Samsung, SK Hynix, and Micron's doorsteps with cash in hand to buy up their entire production capacity for AI data centers.
When did the RAM and memory shortage actually begin?
