Adata Chairman Predicts Decade-Long DRAM Shortage, Dismisses AI Bubble Concerns

Adata chairman Simon Chen stated that the global DRAM shortage will persist for another decade, dismissing talk of an AI bubble as premature. He argued that electricity (especially green power) and memory will be the world's two scarcest resources over the next decade. Chen rejected concerns that cloud providers renting spare compute capacity indicate overinvestment, instead predicting AI applications will spread across business, government, and consumer markets. He cited edge devices including robots, driverless vehicles, and satellites as future demand drivers. Adata forecasts DRAM contract prices will rise 20-30% in Q3, with NAND flash up 35-40%. Chen noted that major memory suppliers learned from past downturns and will expand cautiously, while Chinese makers face equipment restrictions. Adata has stockpiled over NT$30 billion in chip inventory, benefiting from rising prices.