"The price rise of more than 70 percent this year is in sharp contrast to analysts' expectations at the end of 2003, when they forecast prices would slide as new production technology increased supply. As a result, profits for chipmakers are increasing, and their share prices are surging as analysts and traders now predict that memory prices will stay strong this year. The price rise is related to at least two factors: Some manufacturers have run into problems using the latest production technology, and many have switched from making basic memory to flash memory for camera phones and digital cameras."
I can attest to this first hand - I bought some RAM last week, and I paid $199 CND for 512 MB. 8O That's far more expensive than I was expecting it to be - the vendor said that they had three price jumps
in one day. Given how important RAM is for digital media work, this isn't good news. Hope you all stocked up on RAM for Christmas!