Memory Mania: How a Once-in-Four-Decades Shortage Is Fueling a Memory Boom

Pricing doubles again, Supercycle is bigger, and could last longer than you think

Memory Mania: How a Once-in-Four-Decades Shortage Is Fueling a Memory Boom Prices are doubling again, Supercycle is bigger, and could last longer than you think Dylan Patel , Ray Wang , Myron Xie , and 2 others Feb 06, 2026 ∙ Paid 191 7 14 Share Prices of memory are going crazy. SemiAnalysis has been calling this out for over a year since late 2024. The scariest thing is that we aren't even close to the peak. We go through fab by fab production and expansion versus detailed end market demand by memory type to forecast memory revenue, pricing, and margin better than anyone else. This has all be

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