Core Insights - The race to build data centers for achieving Artificial General Intelligence (AGI) is accelerating, outpacing manufacturing capacity, leading to significant shortages in DRAM and storage devices [2][3] - The delivery time for enterprise-grade hard drives has extended to two years, forcing companies to turn to QLC NAND flash SSDs to avoid backlogs [2] - The demand for QLC NAND flash is causing shortages, with North American and Chinese cloud service providers competing for supplies, potentially driving up global SSD prices [2][3] Summary by Sections - **AGI and Data Center Investment** - Companies are heavily investing in data centers to support AGI, resulting in a rapid increase in demand for memory and storage solutions [2] - **Current Market Conditions** - DRAM prices have more than doubled in recent months, and enterprise-grade hard drive delivery times have reached 24 months [2] - The shift towards QLC NAND flash SSDs is a response to the long delivery times of traditional storage solutions [2] - **Future Projections** - By early 2027, QLC NAND is expected to surpass TLC in market share, indicating a significant shift in storage technology [3] - NAND flash manufacturers are experiencing unprecedented demand, with some QLC production capacities already booked until 2026 [2][3] - **Impact on Consumers and Companies** - The current shortages are benefiting manufacturers as they sell capacity to AI customers willing to pay high prices, while ordinary consumers face electronic product shortages [3]