G.Skill comments on DRAM pricing, blaming surge on "significant industry-wide volatility" [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Yahoo! Finance
G.Skill has issued a statement directly addressing the recent spike in its DRAM memory pricing. The company writes: "DRAM prices are experiencing significant industry-wide volatility, due to severe global supply constraints and shortages." I'll give you three guesses as to who G.Skill says is behind the memory shortage. If you guessed "unprecedented high demand from the AI industry", then give yourself a shiny gold star. The memory company goes on to say, "As a result, G.Skill procurement and sourcing costs have substantially increased. G.Skill's pricing reflect industry-wide component cost increases from IC suppliers and is subject to change without notice based on market conditions." G.Skill are just the latest memory manufacturer to speak on the subject of surging DRAM prices—add this statement to the pile. G.Skill joins modular laptop makers Framework, which has raised the price of its RAM options by 50% (though, somehow, this is still below the market rate). The market is so
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