Memory Costs Surge Past Price of a Premium SoC

AI is reshaping memory into the core of the semiconductor industry, with the market expected to reach $837.3 billion by 2026. Giants are placing orders worth hundreds of billions in advance, driving mobile storage costs up 340% to surpass that of a top-tier SoC. Yet, beneath the frenzy, the cyclical curse remains unresolved—AI has only stretched and amplified the boom, and investors must stay alert to the risk of oversupply once massive capacity comes online in the future.