Global DRAM Capex Surge: Phase-In Capacity from 2027

Last Modified

2026-08-26

Update Frequency

Aperiodically

Format

PDF

Global DRAM manufacturers are accelerating new fab construction and capital expenditures, with new capacity set to release in phases starting two years from now. As cleanrooms and equipment installations advance across major suppliers, large-scale capacity is expected to online progressively over the coming years, driving a structural expansion in industry supply. However, actual bit output remains subject to construction variables and product qualification timelines.

Key Highlights

Capex Expansion: DRAM suppliers are significantly increasing capital expenditures and accelerating new fab construction to relieve supply tightness.
Phased Supply Release:
- Initial Phase: New facilities will begin trial production and equipment installation in the coming years.
- Medium Term: Secondary phases and new expansions will enter mass production shortly after.
- Long Term: Mega-projects and new regional hubs will contribute output toward the end of the decade.
Structural Growth: Global DRAM supply will experience a structured ramp-up, driving capacity growth through the end of the decade.
Execution Risks: Actual bit output depends on equipment lead times, yield rates, product qualification, and project execution schedules.

Global DRAM Fab Expansions Enter Intensive Investment Phase; New Supply to Be Released in Waves Starting in 2027
- Distribution of DRAM Wafer Starts by Supplier

Distribution of DRAM Wafer Starts by Supplier