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Oversupply Sends DRAM Prices To One-Year Low

Posted by CmdrTaco on from the cheap-at-twice-the-price dept.

alphadogg writes "DRAM chip prices reached a one-year low on Tuesday and approached their cheapest ever due to a post-holiday oversupply. The cheap memory chips are pushing PC prices lower too, a Taiwan-based trading platform said. Prices for commodity 1-Gbit DDR3 DRAM chips dropped to an average of $0.84 per unit from historic highs around $2.80 in April and May last year, said Ivan Lin, publicist and editor with DRAMeXchange. Prices hit a record low of $0.81 per chip in March 2009, according to the exchange's daily surveys."

1 of 161 comments (clear)

  1. More history by Waffle+Iron · · Score: 4, Insightful

    historic highs around $2.80

    You want historic highs? I remember a DRAM crunch in the 1980s when prices spiked at about $1000 per megabyte. (That's about 150,000 times more costly per bit than current prices.)

    Now, get off my lawn.