The IT hardware "Cartel" is at it again: DRAM market is extremely concentrated - only a handful of companies (Samsung, SK Hynix, Micron, plus a few smaller ones) produce most of the world’s DRAM. Because of that concentration - these firms have a clear monopoly like - pricing power. When supply is tight, they can raise prices significantly - and downstream retailers have limited alternative sources. Something similar happened back in 2016 - 2018 - when DRAM prices nearly tripled - as part of what’s often called a “DRAM supercycle.” That period ended up with lawsuits and accusations of price-fixing against the major DRAM makers. Given the current environment - with AI server providers placing large long-term orders (often at higher margins) - DRAM makers have a strong incentive to prioritize those clients. That, in effect... reduces the supply for individual consumers - which pushes retail RAM prices up, even if “raw supply” (total DRAM output) increases slightly or stays flat. This is not
strictly market manipulation - but it is a business decision that disadvantages consumers by design. Such dynamics easily foster a “fear of shortage” among resellers and retailers - compelling them to hoard stock or raise prices “because supply is tight” - even if actual scarcity may be induced partly by their own actions (or by upstream prioritization). A lot like - what happened in the GPU market during the early pandemic years and what followed... till present time.