RAM makers are taking on massive debt to keep up with AI's chip appetite

Taiwanese memory module makers are raising more than NT$28 billion through bonds, loans and share sales to buy scarce DRAM and NAND.

AI demand is keeping memory supplier prices high and shifting production toward server DRAM and HBM, tightening supply further.

Adata, TeamGroup, Apacer, Innodisk, Transcend Information and others are borrowing heavily to secure inventory before costs rise again.

The shortage is pushing up prices for consumer RAM and SSDs, making downstream buyers pay more for storage and memory.