MEMORY TRACKER (Jun): Further price rise in June, but with the pace of the rise moderating into 3QC26

研报英文原文证据摘录

MEMORY TRACKER (Jun): Further price rise in June, but with the pace of the rise moderating into 3QC26

8 July 2026

Global Memory

MEMORY TRACKER (Jun): Further price rise in June, but with the

pace of the rise moderating into 3QCY26

This monthly tracker (download dataset here) summarizes contract/spot price data released Mark Li

+852 2123 2645 by TrendForce/DRAMeXchange & compares that with our model & investor expectation.

mark.li@bernsteinsg.com

DRAM: June contract price rose further MoM & indicated 74% QoQ increase for

Mark C. Newman conventional DRAM contract price in 2QCY26.

+1 212 845 7822

mark.newman@bernsteinsg.com Spot price: DRAM spot price further increased in June following the recovery in May. PC

DRAM spot price rebounded by 5.6-11.5% MoM while server DRAM was up 6.1-26.4% Edward Hou, CFA

+852 2123 2623 MoM. Notably, spot price of Server DDR5 was particularly strong in the past month, but we

edward.hou@bernsteinsg.com expect the volume is too small to move the needle.

Yipin Cai, CFA Contract price: DRAM contract prices in June rose further vs. May & indicated 2QCY26

+852 2123 2669 price to be 74% higher than 1QCY26, with 49% for PC, 67% for Server, ~80% for Mobile yipin.cai@bernsteinsg.com

& ~85% for Consumer. Notably, price increase is still expected to decelerate into 3QCY26.

April Li On LTA, suppliers have mostly concluded the negotiations with US CSPs. TrendForce

+1 917 344 8339 observed that the price ceiling of LTA may be higher for other suppliers, but for Micron may

april.li@bernsteinsg.com be near its 2QCY26 level, as Micron prefers longer contract durations. Discussion with

Chinese CSPs will continue into 3QCY26.

Phoebe Sun

+1 917 344 8481

phoebe.sun@bernsteinsg.com NAND: Wafer contract price was only slightly higher MoM, but the overall 2QCY26