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On July 11th, Bank of America reported that the global memory industry's super cycle continues, and it is expected that global DRAM revenue will increase by 325% year-on-year to $568.8 billion and NAND revenue will increase by 299% to $323.1 billion in 2026, with a total revenue of $891.8 billion. The total revenue of the two types of products will rise to $1.25 trillion in 2027. Bank of America stated that growth is driven by price rebound, with an expected year-on-year increase of 249% in average DRAM selling price and 238% in average NAND selling price in 2026.