Phison CEO says 'both money and inventory are insufficient' as NAND prices continue to climb at an astronomical rate

Just when I had dared to hope the memory supply crisis might begin to feel slightly less apocalyptic, Phison Electronics CEO Khein-seng Pua has sounded the alarm that NAND prices are still climbing at an alarming rate. This time, Pua says that NAND prices jumped up by 50% overnight.This price increase is chiefly driven by outsized demand—namely from the AI industry—and severe supply constraints. As such, the Taiwanese memory controller supplier counts both hyperscale AI operators and cloud service providers among its recent clients...