Memory chip prices are set to keep climbing into next year on AI demand — good for memory makers and their investors, bad for anyone buying hardware.

• Innodisk chairman Simon Chien says AI infrastructure demand stays strong through the end of next year, with no sign of cooling.
• Memory supply is still tight, so prices "will only go up" in the second half and through next year.
• AI infrastructure already brought in more than 40% of Innodisk's revenue in the first half, from cloud providers, optical networking, robots, and corporate AI.
• Physical AI and humanoid robots are seen as the next wave, still early but spreading across industries.
• A third plant in Yilan breaks ground this quarter and will be bigger than the first two combined, finishing in 2028.

Outlook: Memory prices keep rising into next year, and the industry is already planning around demand out to 2028 and 2029.