Record-high pricing pushes SSD and memory makers to borrow $880 million just to afford buying chips — Adata, TeamGroup, and others take on substantial debt to survive shortages

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https://www.tomshardware.com/tech-industry/taiwanese-memory-module-makers-raise-880-million-to-stockpile-chips

Revenue is at record highs, but even that isn’t enough to fund the inventory these companies need.

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I hope they didn’t borrow $880M based on “letters of intent”?

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I hope the bubble bursts sooner than later. This economy is fucked.

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