system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: Why did the price of RAM skyrocket?

Two years ago I bought 8 gigs of RAM for $30, 8 gigs now costs 60+, what happened?  (Preface, I thought for sure someone would have asked this before, but I couldn't find it searching for it)
gpt
Two things: A rise in demand and a sudden drop in supply.

In late 2013 a Chinese factory responsible for 25% of the market burned, and while they have since rebuild and are back online the market hasn't stabilized yet.