Why are RAM prices skyrocketing right now?

[g-unit1111]

I monitor PC Part Picker on a daily basis and I've noticed in the last month or so - a set of 8GB G.Skill Ares RAM used to retail for $38, now it's going for $56. A set of 8GB Corsair RAM used to go for $41 now it's going for $59. I read that Micron was buying one of the key RAM component manufacturers - could this be the reason or is it something else?

 

[tiny voices]

May have something to do with the country its all made in, Thailand, Korea, Taiwan?

 

[twelve25]

The prices are honestly just getting back to normal. The past year or so have been record low RAM prices and oversupply. I think we are seeing some market correction and a few players cutting their supply or dropping out because prices were so low.