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Micron confirms memory price hikes as AI and data center demand surges
The price hike may prompt other manufacturers to follow suit
The company's latest announcement suggests that prices will continue to rise through 2025 and 2026 as supply constraints and growing demand from AI, data centers, and consumer electronics drive up costs. Over the past year, DRAM and NAND flash prices have steadily recovered due to production cuts by major suppliers and increasing demand for high-performance computing and AI workloads. (Image credit: Micron)One of the key drivers behind the price increase is the growing demand for high-bandwidth memory (HBM), which is crucial for AI accelerators and next-generation GPUs.
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