Powerchip Semiconductor Manufacturing Corporation (PSMC) announced a 45% increase in memory contract manufacturing prices, effective July, with revenue and profit impacts expected to materialize sequentially from November. Chairman Huang Chongren also revealed the company's strategic transformation into an "AI Foundry," focusing on memory, advanced packaging, and AI-related technologies.
Memory contract prices are surging, indicating a significant tightening in the memory market that will boost supplier profitability and fund AI-focused capacity shifts.