Tim Cook just warned investors that Apple is facing "significantly higher" memory costs starting in June, and the crunch will last multiple quarters.
SK Hynix, Samsung, and Micron have all confirmed that their HBM, DRAM, and NAND capacity is essentially sold out through 2026 and into 2027. Customers are reserving supply years in advance. Goldman Sachs is forecasting a 4.9% DRAM undersupply in 2026, the worst deficit in over 15 years.
The cause: every major AI company on earth is panic-buying memory chips. Google, Meta, Microsoft, Amazon, xAI, and every sovereign AI program from Saudi Arabia to France are hoarding every wafer they can get. High-bandwidth memory prices have spiked over 1,000%. They're calling it "RAMageddon."
The downstream effects are already cascading. Sony delayed the PS6 to 2028 or 2029 because they can't get chips. Western Digital is sold out of hard drives for all of 2026. Analysts are saying the entry-level PC market will "disappear" by 2028 because cheap components no longer exist. And now Apple, the most powerful supply chain operator on the planet, is telling you they can't escape it either.
When Apple can't source components, what do you think happens to everyone else?
SK Hynix, Samsung, and Micron have all confirmed that their HBM, DRAM, and NAND capacity is essentially sold out through 2026 and into 2027. Customers are reserving supply years in advance. Goldman Sachs is forecasting a 4.9% DRAM undersupply in 2026, the worst deficit in over 15 years.
The cause: every major AI company on earth is panic-buying memory chips. Google, Meta, Microsoft, Amazon, xAI, and every sovereign AI program from Saudi Arabia to France are hoarding every wafer they can get. High-bandwidth memory prices have spiked over 1,000%. They're calling it "RAMageddon."
The downstream effects are already cascading. Sony delayed the PS6 to 2028 or 2029 because they can't get chips. Western Digital is sold out of hard drives for all of 2026. Analysts are saying the entry-level PC market will "disappear" by 2028 because cheap components no longer exist. And now Apple, the most powerful supply chain operator on the planet, is telling you they can't escape it either.
When Apple can't source components, what do you think happens to everyone else?
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