The global DRAM market reaches an all-time high as China's CXMT sees sales surge by 700%

South Korean Media: Global DRAM Market Hits New High, China's Yangtze Memory Technologies Surges 700%!

On July 3, South Korean media outlet Global Economy published an article stating that the global DRAM market reached a new record high in the first quarter of this year. According to data released by Counterpoint Research, global DRAM sales rose by 260% year-on-year in the first quarter, reaching $97 billion—just one step away from breaking the $100 billion milestone for a single quarter.

Driven by the surge in artificial intelligence (AI) demand, the semiconductor storage industry has seen unprecedented growth, with prices continuing to skyrocket due to ongoing semiconductor supply shortages.

The DRAM sector is directly benefiting from the semiconductor super cycle fueled by AI. High-bandwidth memory and infrastructure needs for AI data centers are driving rising demand for LPDDR5, leading the recovery in the memory market.

The market size reached $97 billion in the first quarter—a 260% increase compared to the same period last year and an 80% rise compared to the previous quarter.

In terms of individual companies, Samsung Electronics maintains its leadership position with a 38% market share. Last year, Samsung lost its top spot in the DRAM market to SK Hynix, but it reclaimed the lead in the fourth quarter and further widened its gap with SK Hynix in the first quarter of this year.

Following Samsung Electronics and SK Hynix, Micron Technology ranks third, while Yangtze Memory Technologies (YMTC) ranks fourth. Notably, YMTC’s sales increased by over 700% year-on-year, with its market share rising to 8%.

Last year’s market share for YMTC was only 3% in the first quarter. Through rapid growth, its market share is expected to reach double digits. The company has solidified its position as the world’s fourth-largest supplier.

Counterpoint forecasts that global DRAM sales will grow by 50% sequentially in the second quarter.

The trend of average DRAM price increases shows no sign of slowing down, providing a favorable backdrop for the DRAM market outlook. Counterpoint expects the DRAM market to continue growing rapidly throughout this year.

Original article: toutiao.com/article/1869676568758281/

Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the official stance of the publisher.