Memory Companies Have Destroyed the Consumer Market

The cyclical nature of memory manufacturing may finally be broken — and not in a good way for consumers. The memory manufacturers have all moved toward long-term agreements with longer terms and capacity than previously, with Micron, Samsung, and SK Hynix diverting a flood of memory away from consumers. At the same time, Amazon has publicly stated that more users than ever will consider its cloud services due to the rising costs of on-location hardware. But don’t worry: By 2035, Micron will save us all.