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Memory price growth expected to slow in Q4


Monday, October 14, 2024

Q4 memory prices will see a significant slowdown in growth, with conventional DRAM expected to increase by only 0–5%, says TrendForce.

However, the rising share of HBM will increase the DRAM ASP by 8% to 13% which is a marked deceleration compared to the previous quarter.

PC sales have had a lacklustre Q3 and TrendForce anticipates that PC DRAM prices will remain flat compared to the previous quarter.

Fluctuating DRAM ASPs

Server DRAM procurement was hit by US-based CSPs reducing orders due to high Q3 inventory levels. TrendForce reckons server DRAM bit shipments will improve in Q4, as DDR5 momentum improves and average contract prices rise by 0–5% QoQ.

Graphics DRAM prices are projected to remain flat. Q4 demand remains lacklustre, with only a slight uptick in orders from VGA card manufacturers. Suppliers have eased their push for price hikes, while buyers continue to stockpile inventory, leading to stable prices through Q4.

Consumer DRAM demand remains weak. DDR3 prices may drop 0-5% because of oversupply but DDR4 prices are expected to remain stable. While DDR4 continues to be the mainstream consumer DRAM product, ongoing production increases from Chinese manufacturers, the possibility of a price drop cannot be ruled out.

By: DocMemory
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