A recent addition to the repertoire of inflationary pressures is inflation due to real or supposed shortages of computer memory and microchips. Contrary to other forms of inflation which are induced by supply shortages (like fossil fuels) mem-flation is due to heavy actual and even more proposed investments in data centers, server farms, cloud storage and AI-driven computing capacities. Quantities and quality of microprocessors, which are essential parts in all these devices, might not be able to follow this demand-driven inflationary tendency. The hype around AI, therefore, is a major element in this likely overshooting market reaction. The current market trend is likely to last for another year as the already announced investments of the big data companies have been announced including 2027. The producers of NVIDIA, Samsung, TSMC, SK Hynix, Micron, ST Microelectronics, Infineon, Intel and AMD have realized huge profits from this demand-driven mem-flation.































