DRAM Market Bulletin - Jul. 23, 2025

Last Modified

2025-07-23

Update Frequency

Weekly

Format

PDF

Recent DRAM contract talks stalled; DDR5 gains moderating, DDR4 spot stabilizing. Looking ahead, supply and demand growth will significantly slow. Elevated inventory and weak end-demand point to contract price pressure in the early part of next year.

Key Highlights

Market Update:
- DRAM contract price negotiations are stalled; DDR5 gains are moderating due to a major manufacturer's inventory.
- DDR4 spot prices stabilized and saw increased trading volume following price hikes from Korean suppliers; DDR5 spot lost momentum.
Outlook for the Coming Year:
- Supply growth will significantly decelerate as HBM capacity expansion slows and a Chinese manufacturer shifts focus to advanced products.
- Demand momentum will substantially weaken due to tariffs impacting consumer replacement intent and businesses becoming conservative on capital expenditures.
- Overall, elevated inventories from pre-stocking, combined with declining end-user demand, suggest weakening purchasing power and increased likelihood of contract price declines in the first half of the year.

Market Update
TrendForce's View
- DRAM Industry – Supply Bit Growth, Demand Bit Growth, and YoY Change in Revenue, 2023-2026

DRAM Industry – Supply Bit Growth, Demand Bit Growth, and YoY Change in Revenue, 2023-2026

Sector: Memory & Storage

Tag: DRAM DDR4 DDR5 Contract Price Inventory Market Bulletin Production Capacity Revenue Spot Price Supply & Demand Tariff Impact Trade War

Spotlight Report

PDF

Download Report

USD

18,000

Membership

DRAM Market Bulletin

Popular Keywords

Research Reports

18,000

DRAM Market Bulletin - Jul. 23, 2025

Key Highlights