RAM prices have surged up to 500% as AI companies drain consumer supply. A memory module that cost $20 in early 2024 now sells for $100 in flagship smartphones. Samsung, Micron, and SK Hynix redirected production from consumer devices to AI data centers, where OpenAI, Meta, and Microsoft pay premium rates for high-bandwidth memory that powers large language models. Consumers face the highest memory costs in a decade.

Why it matters: The shortage reshapes what you pay for laptops, phones, and gaming rigs through at least 2027. IDC analysts call it the end of cheap, abundant memory.

By the numbers:

• Framework hiked 48GB desktop RAM from $240 to $620 between June and August 2025
• Micron's quarterly revenue hit $13.64 billion in Q2 2025, up from $8.71 billion in the prior-year quarter
• TrendForce projects DRAM prices rising 13 to 18 percent in Q4 2025
• Dell, Asus, Xiaomi, and Nothing warned price increases are coming

The big picture: Hyperscalers signed multiyear supply contracts and pre-bought capacity. High-bandwidth memory production consumes wafer capacity at unprecedented scale, stacking multiple DRAM dies vertically. The process requires more manufacturing steps and yields less capacity per wafer than conventional modules.

Micron shut down its Crucial consumer retail brand to redirect production toward data center contracts. The decision eliminates one of the few remaining direct-to-consumer memory sources in the United States.

What's happening: Central Computers in San Francisco posts RAM prices daily like seafood specials. Paradox Customs sells prebuilt gaming PCs without memory installed. Gamers now build systems assuming they already own spare modules or will wait for market corrections that analysts say won't arrive.

DRAM sits inside laptops, smartphones, gaming consoles, smart TVs, cars, and SSDs.

What's next: Micron's first DRAM wafer output from its new Idaho facility won't arrive until the second half of 2027. Companies building or upgrading systems should budget for memory costs two to three times 2024 baselines. Budget alternatives and used markets may offer limited relief, but supply constraints favor deep-pocketed AI buyers who lock in multiyear agreements that consumer product lines cannot match.