Memory prices may not fall until 2027, new research warns

Anyone hoping for cheaper RAM in the near future might want to brace for disappointment. A new market analysis from Counterpoint Research suggests there is “no scenario” where memory prices meaningfully correct in the second half of 2027, signaling that the current surge in DRAM and NAND prices could persist for several years.

The warning comes amid what many analysts are calling a global memory crunch, driven largely by the explosive demand for AI infrastructure. Data centers building out large-scale AI systems require enormous amounts of memory, particularly high-bandwidth memory (HBM), which is consuming manufacturing capacity that would otherwise go toward consumer-grade chips used in PCs, phones, and SSDs.

Why are memory prices staying high for so long?

The core problem is straightforward: demand for memory is growing much faster than supply, largely due to the rapid expansion of

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