You and I are affected by the negative impact of high demand for memory due to artificial intelligence data centers. But if you are a memory manufacturer, the impact is different as Samsung recently became the second Asian company to reach a market value of $1 trillion. Today, SK Hynix and Micron also joined the $1 trillion club.
SK Hynix is now officially the third Asian company to reach this value. The share values of both SK Hynix and Micron are up sharply today. SK Hynix jumped almost 10% while Micron's was almost 20%. With demand for RAM still exceeding production capacity, the share values of Samsung, SK Hynix and Micron are predicted to continue to soar until at least 2028.
For consumers, it only causes the selling prices of various smart devices, electronics and cars to increase because they all rely on Samsung, SK Hynix and Micron to produce memory.
This year in Malaysia, the average price of a device for the same combination of RAM and storage has increased by around RM600 compared to last year. The best time to buy a new phone was yesterday and the next best time is today.
