Not only DRAM but SSD also played the chicken game at times, and just as DRAM prices skyrocketed, SSD prices rose along with it, so even companies that normally didn't pay much attention saw their stock prices soar in 2025.
SanDisk / NASDAQ
Kioxia / Tokyo Stock Exchange
SK Hynix opposed the merger between WD and Kioxia, and as a result, SanDisk was spun off and went public. In the end, it was the right call not to merge, right?
When SK Hynix acquired Intel's NAND business division, there were questions about why acquire such an unprofitable business, but now it appears there's synergy since they can sell DRAM and SSD as a package to the enterprise market.
