Oversupply Sends DRAM Prices To One-Year Low
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."
Would that Scotch,
Were so cheap by the DRAM,
A shave, a shot, a gig;
Still change for the tram.
Burma Shave
Get thee glass eyes, and, like a scurvy politician, seem to see things thou dost not.--King Lear
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.
That's probably for the chip, before it's soldered onto a DIMM, before it's even left the factory.
You'd be amazed how much money needs to be spent to turn it into something you can actually plug into your PC.
Its also per gigaBIT, not gigabyte. Multiply by 8 and you have $22.40 sticks dropping to $6.40. I do remember it being around $20 a gig a while ago, and if you check current prices RAM is about $8 a gig now.