The End of Boom/Bust Cycles for the Memory Market
The memory market may be emerging from its historical boom/bust cycles due to structural changes in supply, demand, and industry consolidation. Analysts suggest that disciplined capital spending and diversified applications like AI are leading to more stable pricing and growth patterns.
Background
Memory chips (DRAM and NAND flash) have historically followed extreme boom/bust cycles: shortages drive prices up, manufacturers build too much new fab capacity, oversupply crashes prices, profits vanish, investment stops, and eventually scarcity returns. This article argues that the market may finally be maturing past those violent swings.