A report by market analyst, TrendForce Investigations (opens in new tab), paints a sobering picture of the state of the memory industry right now. According to the report, memory pricing dropped at the end of last year, forcing the likes of Micron and Kioxia to reduce the production of DRAM and NAND memory. This means that the current low prices for RAM and SSDs will be short-lived.

Micron is one of the big three suppliers of computer memory, and alongside Samsung and SK Hynix. This oligopoly is responsible for producing 95% of the RAM chips that make their way into our machines. The fact that one of those is reducing production means RAM chips will be scarcer and therefore more expensive.

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