Samsung raised memory chip prices by up to 60% since September, according to reports — AI data center build out strangles supply

The prices of electronic products that use NAND flash memory are likely to continue rising, as Samsung has reportedly increased the prices of its individual memory chips by as much as 60% since September, Reuters reports. This follows reports earlier this month that the price for DRAM sticks of memory for desktop computers had increased by over 170% year on year. Mostly driven by the high demand for building new AI-focused data centers, memory makers aren’t planning to increase production either, on…