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Commodities

DRAM prices dip 4% since April on rising inventories

TOKYO -- Spot prices continue to fall for personal computer DRAM, or dynamic random access memory, chips as manufacturer inventories pile up.

The price of bellwether 4-gigabit DDR3 DRAM was $1.62 to $1.65 on Wednesday, down about 4% from the end of April. The inventory stockpile seems unlikely to ease soon as the rise in PC demand has stalled, especially in emerging nations.

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