RAM scalping takes hold on eBay, some DDR5 selling for more than $2,000 — price-gouged kits fetch 7x their original value, adding almost double the markup on already inflated prices
Historically, the best RAM was not necessarily the most expensive; however, in the present market landscape, the two are now synonymous thanks to the global memory shortage. Retailers aren't the only ones capitalizing on the current situation through price gouging; Scalpers are also taking advantage of the situation on platforms like eBay, selling memory kits for up to twice the retail price.
Due to the AI boom, numerous corporations are building enormous data centers, driving up demand for server memory. Consequently, the three major companies—Samsung, SK Hynix, and Micron—have reallocated their production capacity toward server memory, thereby de-prioritizing consumer memory. Micron has even announced plans to shutter its consumer RAM outfit, Crucial, to focus solely on industry clients. This shift adversely affects all memory-related products, including individual memory kits, prebuilt systems, and handheld gaming consoles.
The Trident Z5 Neo RGB DDR5-6000 C30 32GB (2x16GB), which we reviewed in 2023, previously had a $117.99 price tag. This pricing remained stable until a few months ago, when it dramatically rose to $429.99. This represents an increase of over 3.5 times. Concurrently, scalpers are reselling the same memory kit for $836.54, nearly doubling the current retail price. If you buy from a scalper, you're paying more than 7 times what the memory kit is worth.
Memory Pricing Evolution
Memory Kit | Pricing Pre-shortage | Current Pricing | Scalper Pricing |
|---|---|---|---|
Vengeance DDR5-5200 C38 192GB (4x48GB) | $649.99 | $2,201.99 | $1,949.95 |
Trident Z5 RGB DDR5-6400 C32 96GB | $339.99 | $1,169.00 | $1,802.19 |
Trident Z5 Neo RGB DDR5-6000 C30 32GB | $117.99 | $429.99 | $836.54 |
Price gouging is evident across all capacities, rendering already costly memory kits significantly more expensive. The Trident Z5 RGB DDR5-6400 C32 96GB (2x48GB), which initially retailed at $339.99 before the memory shortage, now commands $1,169 when available at a retailer—approximately 3.5 times its original price. Furthermore, the price of this memory kit elsewhere has escalated to $1,802.19, representing an additional markup of 1.5 times the retailer's price.
For instance, the Vengeance DDR5-5200 C38 192GB (4x48GB) represented a significant financial commitment even at MSRP, priced at $649.99. Currently, this memory kit is largely inaccessible to most consumers, with a retail price of $2,201.99, representing a nearly 3.4-fold increase. Due to the original cost, not many scalpers jumped on this model, so there are only a few listings on eBay, with the highest priced at around $1,949.95, making the marketplace a cheaper alternative.
Of course, whether people will pay that much for RAM remains another matter; however, listings that have sold on eBay present an equally grim picture. In recent days, 128GB of DDR5 5600Mhz laptop memory sold for $900. One stick of ADATA 16GB DDR5 sold for $190, while on December 8, one ferocious bidder appears to have paid $2,335 for 256GB of G.Skill DDR5. On December 5, someone bought 96GB of G.Skill DDR5 for $1,347.
The surge in memory prices affects both large and small enterprises. Custom PC manufacturers, including CyberPowerPC and Maingear, have already increased the prices of their prebuilt systems. A similar trend is observed among OEMs, such as Dell; however, Lenovo appears to be maintaining its pricing for the present, as it is rumored to have accumulated sufficient inventory to last through 2026. Even budget-friendly Raspberry Pi has raised the prices of its single-board computers (SBCs) due to the current market conditions.
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Needless to say, it is not an opportune moment to upgrade your system's memory or build a new system, given the exorbitant prices currently associated with memory. While favorable memory deals occasionally become available, they are scarce and tend to sell out rapidly. If an urgent need to purchase memory arises, it is advisable to buy directly from reputable retailers rather than supporting scalpers. It might be worth considering waiting until the AI bubble bursts, so that prices can return to their normal levels; however, there is no clear indication of when (or if) this will occur.
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Zhiye Liu is a news editor, memory reviewer, and SSD tester at Tom’s Hardware. Although he loves everything that’s hardware, he has a soft spot for CPUs, GPUs, and RAM.
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Thunder64 "If you buy from a scalper, you're paying more than 7 times what the memory kit is worth."Reply
An item is worth what someone will pay for it. If someone is willing to pay the 7x markup, then they have decided it is "worth" it to them. Naturally most people won't, but someone might decide it is worth it. -
ekio Reply
Ok scalper…Thunder64 said:"If you buy from a scalper, you're paying more than 7 times what the memory kit is worth."
An item is worth what someone will pay for it. If someone is willing to pay the 7x markup, then they have decided it is "worth" it to them. Naturally most people won't, but someone might decide it is worth it.
Being a scalper is like being even lower than a cockroach… I wish there were jail sentences for scalping. -
Thunder64 Replyekio said:Ok scalper…
Being a scalper is like being even lower than a cockroach… I wish there were jail sentences for scalping.
Tell me where I'm wrong? I wish I had a pile of RAM to sell right now. I suggest you look into economics a bit. -
vanadiel007 ReplyThunder64 said:"If you buy from a scalper, you're paying more than 7 times what the memory kit is worth."
An item is worth what someone will pay for it. If someone is willing to pay the 7x markup, then they have decided it is "worth" it to them. Naturally most people won't, but someone might decide it is worth it.
This is not correct. The people buying this might do so out of necessity. That does not mean they consider it's worth it. -
Thunder64 Replyvanadiel007 said:This is not correct. The people buying this might do so out of necessity. That does not mean they consider it's worth it.
There is a difference between wants and needs. If you need it to make money you will pay. Otherwise it is not a necessity. Necessities are thing like food, shelter, clean water, I'd even add healthcare and Internet to the chagrin of some. Lots of pricey RAM isn't. -
Thunder64 Scalping or gouging is already illegal, but rarely enforced outside of certain instances. The price of gas/water before a hurricane for example. It's hard to interfere with two parties agreeing on a price for better or worse.Reply -
ezst036 Reply
I wish I had a pile of RAM to sell as well.Thunder64 said:Tell me where I'm wrong? I wish I had a pile of RAM to sell right now. I suggest you look into economics a bit.
There's a lot of jealousy out there.
Sure, the scalping for 800 is wrong and ridiculous - but for someone who's now selling it at a profit for like 300 or 400 or some more "realistic" price based off of market conditions even though it used to be 75 or 100 or so, that's totally acceptable. -
Thunder64 Replyezst036 said:I wish I had a pile of RAM to sell as well.
There's a lot of jealousy out there.
Sure, the scalping for 800 is wrong and ridiculous - but for someone who's now selling it at a profit for like 300 or 400 or some more "realistic" price based off of market conditions even though it used to be 75 or 100 or so, that's totally acceptable.
I just find it funny/odd that only people with an interest in the market complain. Look at first time home buyers. They are furious some homes have doubled in "value" in just years rather than decades. Meanwhile the people who own those homes are thrilled. The market has been wild now for some time and not in a good way, IMHO.