A Changing Supply Model For years, consumer electronics operated like a factory assembly line with a steady supply of components. Processors, storage, and memory moved through the system at predictable and often declining prices. That system is now starting to change. One of the most important components in modern electronics—computer memory (DRAM)—is now being consumed in massive quantities by the artificial intelligence industry. As demand grows, the supply available for ev

Memory Is Surging Alongside AI Gold and silver bullion are not the only commodities reaching record highs. Memory prices are rising as well. In recent years, demand for DRAM has surged as artificial intelligence (AI) systems expand at an unprecedented pace. Large language models (LLMs) such as ChatGPT and Claude require enormous amounts of memory to train and run, and the data centers that power these systems consume DRAM at a scale rarely seen before. At the same time, high