After more than a year of falling memory and NAND prices, we’re all set to see a steep spike of almost 10% in the coming months. As per a Digitimes report, DRAM and NAND flash contract prices are expected to rise by double-digit figures in the second quarter of 2020. Amid increasing cases of the coronavirus pandemic and growing demand for data centers and enterprise SSDs, this is the first time since the crypto-fever got over that a hike in memory prices is being predicted.
As revenues of semiconductor manufacturers fall by record numbers, this will be a big relief for memory chipmakers such as Samsung, Micron and SK Hynix. All three companies incurred heavy losses over the past year, with Samsung losing the crown of the largest foundry to Intel after 20 years.
Many major tech shows have already been canceled due to the rapidly spreading pandemic. At the rate it’s currently growing, there’s a good chance that both Computex and E3 will be culled as well. GDC has been delayed to summer while MWC and GTC both have been canceled. We’ll keep you posted as we hear more.