The average price for DRAM, the memory used to power phones and PCs, plummeted by 34.4% in the fourth quarter, exacerbating a 31.4% fall in the quarter before it, according to the latest figures from TrendForce.
Storage memory , which is the main product sold to data centers and enterprise customers, fared only slightly better — and the two periods rank among the worst collapses recorded since 2006.
Micron Technology Inc., SK Hynix Inc. and Kioxia Holdings Corp. all announced measures to try and stabilize the market by reining in oversupply.
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