In fifteen years running a gaming laptop company, Eluktronics CEO has lived through multiple memory cycles. He knows when DRAM prices spike, when they crater, and how long supply crunches typically last. Which is why it's notable—and slightly terrifying—that he just dropped $500,000 of his own money into Corsair stock after watching it bleed for five years.
This isn't a financial advisor telling you to buy. This is an industry insider explaining why he thinks the computer memory market is experiencing something structurally different than any cycle he's seen before. And whether he's right or spectacularly wrong, the reasoning is worth understanding.
Here's the setup. OpenAI locked up massive DRAM supply contracts with SK Hynix and Samsung for 2026, prioritizing AI training over consumer PCs. Micron exited the consumer memory market entirely. The result? Memory prices that were $75 per 32GB module a year ago are now $315. High-end SSDs went from $120 to several multiples of that. And the kicker: inventory is bone dry.
"In fifteen years I have never seen module assemblers go nearly bone dry," the CEO wrote in a detailed post explaining his position. "I can almost always get a quote even if it is painful. This time I had most vendors tell me they literally had nothing to sell."
That's where Corsair enters the picture. While competitors like Team Group, Silicon Power, and Mushkin sold out and haven't restocked, Corsair kept product on shelves. Not because demand was weak—Amazon's sales indicators showed modules moving briskly even as prices climbed. The CEO's theory: Corsair secured supply ahead of the crunch and has stronger supplier relationships than competitors.
Then Crucial announced they're exiting consumer memory as Micron pulls back from retail. That removes the most recognized brand in the category. With Samsung and SK Hynix not selling direct to consumers, someone has to fill that gap. Corsair is positioned to win by default.
Now, the bear case here is obvious. Corsair has been a dumpster fire for shareholders. The stock IPO'd in 2020 and proceeded to lose money for five straight years. Customer service issues were real. Post-pandemic normalization crushed demand. And memory is ultimately a commodity—anyone can slap their logo on chips from the same fabs.
