Memory chip prices to surge 40-50% this quarter with no relief until 2028, Jefferies warns
By
Shikhar Mehrotra
Summary
Investment bank Jefferies forecasts that the memory chip crisis will continue to drive up prices for smartphones, laptops, and tablets. Prices are expected to rise 40-50% in the current quarter and 30-40% in the next quarter, with no meaningful relief expected until 2028. The article warns consumers that upcoming devices will cost significantly more regardless of recent price hikes.
Source
Key quotes
· 3 pulledForty to 50% higher this quarter, 30 to 40% more next quarter, and no real relief until 2028.
If you were hoping the memory crisis was about to ease up, I have some bad news for you.
Your next smartphone, laptop, or tablet could cost even more, regardless of whether it has recently been subject to a price hike.
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