The average market prices for DRAM and NAND chips increased for May, with the price for 8 GB DDR4 chips now at $2.10, going up by around 27% from $1.65 in April. Prices for these chips hovered at around $1.37 in March, meaning this is the second time in a row that prices jumped by over 20%. According to Business Korea, these price surges were likely caused by many companies stockpiling memory chips to get ahead of tariffs, especially as President Trump announced a 90-day grace period for these import taxes.
The last major price movements for these chips were in September and November, which showed a 17% and 20% downward movement, respectively. They have then remained stable from December until April, when Trump shocked the world with his ‘Liberation Day’ tariffs during early April 2025. Trump then said the day after his massive announcement that computer chips are exempt from the sweeping taxes, at least temporarily.
These import taxes were supposed to take effect in full force a week later, but he decided to pause them for 90 days at the last minute. Despite that, Trump said that he would put tariffs on chips, so even if you’re making computers inside the United States, your costs would go up. Because of this, companies are stocking up on memory chips, especially the cheaper DDR4 chips destined for more affordable products that cannot absorb or adjust to increased costs.
