Summary: The global memory chip market is entering a new growth cycle, with DRAM and NAND flash prices recovering strongly driven by AI server demand and inventory normalization.
Memory Market Turnaround
The global memory chip market is showing clear signs of recovery after a prolonged downturn, with both DRAM and NAND flash prices entering an upward trajectory. The recovery is being led by surging demand for high-bandwidth memory (HBM) used in AI accelerators, alongside broader inventory normalization across the electronics supply chain.
DRAM prices have risen approximately 15% quarter-over-quarter, while NAND flash prices are up 10%. HBM, a specialized high-performance DRAM variant, is experiencing especially strong demand, with major manufacturers reporting their HBM production capacity is fully booked through 2026.
The recovery has positive implications for memory chip manufacturers in Asia, including those with operations in Singapore, which serves as a key regional hub for memory chip distribution and testing.
