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Because that’s just the price for the dies, still need packaging, integration and then retail distribution. Also raw BOM is like 1/5th of the retail price usually.

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Raw BOM is much higher than 1/5th of retail price for ram. Some industries have higher margins than others.

11.5*8 = 92. I'm seeing plenty of DDR4 sticks below that price.

The 11.5 isn’t the raw bom for the sticks that’s the cost of the dies.

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