RAM Shortage to Worsen in 2024, Says Samsung

The RAM shortage, driving up prices on everything from phones to gaming handhelds, will only worsen by next year, according to Samsung. A severe memory shortage, fueled by growing demand for AI data centers, is expected to leave the industry struggling to meet customer requirements. According to Kim Jaejune, Samsung’s memory chip business executive, the company’s supply of RAM will fall even further short of demand in 2027 compared to 2026. As a result, prices are likely to remain high, affecting industries beyond just consumer electronics. The shortage has already had a significant impact on various sectors, from gaming to manufacturing, and its effects are expected to be felt for some time. The worsening shortage comes as the global demand for AI and machine learning continues to grow, driving up the need for specialized memory chips.