Loading...
Bernstein analysts suggest that conventional DRAM prices may continue to rise in 2027 after experiencing a 4.5-fold increase from the third quarter of 2025 to the second quarter of 2026. The revenue per wafer capacity of conventional DRAM is twice that of HBM, and the profit margin is higher. HBM prices need to be increased by about three times in order to catch up with conventional DRAM in terms of revenue per unit wafer capacity. Storage chip manufacturers will not aggressively increase HBM prices, as the high cost of HBM is not conducive to the development of the artificial intelligence ecosystem and suppresses storage demand.