When did the RAM and memory shortage actually begin?
Consumers might have felt the impact of RAM and memory shortages over the past year. However, the roots of the shortage go back even further. According to a recent interview with Micron CEO Sanjay Mehrotra, memory manufacturers began cutting back on investments in expanding production capacity in 2023 after some customers pushed for lower prices. Mehrotra said that in 2023, memory prices fell to one-third of what they had been before. Hence, just as memory chip manufacturers had scaled back their investments in expanding production capacity, the AI boom began. Suddenly, these companies had a n