The price of memory chips is rising at its fastest rate in more than four years due to an unexpected global shortage. The price rise of more than 70 percent this year is in sharp contrast to analysts' expectations at the end of 2003, when they forecast prices would slide as new production technology increased supply. As a result, profits for chipmakers are increasing, and their share prices are surging as analysts and traders now predict that memory prices will stay strong this year. Might be a good time to stock up on ram before the shit hits the fan. |