Samsung hikes prices as memory chip shortage headache grows

Samsung has sharply increased the cost of DDR5 memory by up to 60% in just two months, as demand surges due to worldwide competition to develop AI data centers. The escalating shortages are squeezing major tech manufacturers and driving up costs across servers, smartphones, and computers. The increase in memory prices follows Samsung’s decision to postpone a formal pricing announcement for supply contracts until October, stating that pricing information is typically released monthly. Samsung has threatened to raise the prices of other products, such as smartphones and computers, that also use memory chips. Global memory shortage drives higher costs and delays Global shortage is caused by an increase in demand for AI data centers, which is driving up prices for server builders and electronics manufacturers. Tobey Gonnerman, president of semiconductor distributor Fusion Worldwide, claimed that many of the largest manufacturers of servers and data centers are now acknowledging that they...

https://www.cryptopolitan.com/samsung-raises-chip-prices-globally/