DRAM and NAND Flash Prices to Surge Amid Soaring AI Demand

Projected revenues for memory and storage industries to rise significantly through 2025, driven by AI advancements and high-bandwidth memory.

DRAM revenue expected to hit $90.7 billion in 2024, a 75% year-over-year increase.
NAND flash revenue projected to grow 77% to $67.4 billion in 2024.
High-bandwidth memory and DDR5 adoption key drivers of revenue growth.
QLC NAND technology adoption in enterprise SSDs boosting NAND flash demand.
Rising component costs may pressure retail prices for electronic devices.