We’re eight or nine months into the RAM crisis, depending on when you start counting, and it doesn’t look like gaming is going to get more affordable any time soon. Instead, the opposite is happening. Nvidia and AMD have both reportedly raised prices on graphics cards just this week, and the problem isn’t exclusive to PC gaming the way it’s been in the past.
Just looking back at previous hardware crunches, usually at the feet of cryptocurrency miners, one or two types of components would see big price jumps, just due to retail models selling out. The AI crunch is different. This time around, AI companies have made promises of future deals with Samsung, Micron and SK Hynix, promising to buy up memory chips before they even existed, according to Reuters.
And now, even after plenty of those lofty non-contracts have fallen through, the memory manufacturers are still funneling a huge portion of their capacity to AI and datacenters. It’s little wonder that there’s a class action lawsuit looking to rein in the memory companies, alleging price fixing, but it’s likely that case will take years to see any kind of resolution, if there’s even a positive resolution to come out of it.
Right now, every single little device that uses memory, from the PS5 to your car, is going up in price in order to expand AI capability as far as it can possibly stretch. But has any of it been worth it?
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