If you manage hardware development, component sourcing, or engineering procurement, a quick look at your current Bill of Materials (BOM) is probably giving you a headache. The global memory chip market (DRAM and NAND Flash) is currently grinding through its most severe structural crisis in a decade. So, what brought us to this point, why is it hitting every single industrial sector, and how should your team adapt? Let's break down the underlying market dynamics. (Read time: 3 minutes)