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Elon Musk criticizes memory makers for 'extortionate' pricing, praises Micron

By PulseAugur Editorial · [1 sources] ·

Elon Musk has publicly criticized memory manufacturers, specifically targeting Samsung Electronics and SK Hynix, for what he deems 'extortionate' pricing of high-bandwidth memory (HBM) and DRAM amidst a significant shortage. He contrasted their approach with Micron, which he praised for being more 'reasonable' and making a smart move for long-term customer loyalty. Despite Musk's praise, Micron is also reporting exceptionally high gross margins, reaching up to 81% in its latest fiscal quarter, indicating that even its 'reasonable' pricing yields extraordinary profits in the current market. AI

IMPACT Highlights potential supply chain pressures and pricing strategies impacting AI hardware development.

RANK_REASON Elon Musk's public statement and criticism of industry pricing practices.

Read on Tom's Hardware →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Elon Musk criticizes memory makers for 'extortionate' pricing, praises Micron

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4 / 100
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Elon Musk's public statement and criticism of industry pricing practices.
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Breaking (< 6h)
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COVERAGE [1]

  1. Tom's Hardware TIER_1 English(EN) · Anton Shilov ·

    Elon Musk calls out memory makers over 'extortionate' chip pricing, says Micron is playing smart for long-term loyalty

    Elon Musk condemns memory makers citing unreasonable prices of memory, but claims Micron is different.

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