Computer memory chip prices jumped more than 10 percent on Monday amid growing demand for personal computers and concerns about supply, analysts said.
A surge in buying by PC makers, among other issues, has supported the price rise, said Nam Hyung Kim, an analyst with iSuppli Corp.
All of this has pushed spot prices to nearly double what they were a year earlier. Prices in the spot market for a popular type of memory chip, 256-megabit double data-rate memory, jumped 10.8 percent to $6.30, according to DRAMeXchange, an online memory marketplace. A year ago, prices were $3.33, said Kim.
Read the full story at Reuters technology.
