Overview:

The rally in memory prices shows no signs of abating, and few expect a downturn even as 2026 approaches. For buyers, the surge represents a heavy burden. For suppliers, however, it is a windfall — particularly for late entrants and firms focused on legacy products. Yet the upside may carry unintended outcomes: elevated prices could slow AI innovation, trigger cyclical downturns despite structural demand growth, and, most critically, accelerate China’s push for semiconductor self-sufficiency.

Table of Contents:

• DRAM Prices Up 40~60% in Q4, Q1 Set for Another 15~20% Surge
• Supply: No One Willing to Surrender Market Share
• China: Bringing Supply Tracking Into Focus

Number of Pages: 8

Published Date: December 2025