Tight memory chip supply is pushing prices up and boosting Taiwanese distributors, good news for their investors even as the wider Asian market falls.

• Ching Yun shares jumped as much as 9% in Taipei on heavy buying, going against a down day for Asian stocks.
• Memory chips are in short supply because AI data centers are soaking up capacity, so prices for ordinary memory and CPUs are climbing too.
• Ching Yun sells Micron and Crucial memory and drives in Taiwan, and its sales have more than doubled this year.
• A smuggling case involving former executives is seen as behind the company now that management has been replaced.
• Rival distributor Sinmax is also expected to benefit from the same squeeze.

Outlook: As long as AI spending keeps eating up chip supply, memory prices and distributor sales should stay strong.