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Samsung Poised to Reclaim DRAM Lead as AI Memory Supercycle Deepens

A yearlong spike in DRAM prices tied to AI demand has left suppliers with only weeks of stock.

Overview

  • Analysts project Samsung’s fourth‑quarter operating profit at about 18.4 trillion won, with roughly 15.1 trillion won from its semiconductor division.
  • TrendForce reports DRAM contract prices have climbed about 420 percent this year to $19.50, with DDR5 modules rising more than 30 percent over the past month.
  • Suppliers hold only two to three weeks of inventory, and researchers expect the shortage to extend into the first half of 2026.
  • Major U.S. cloud providers, OEMs and Chinese CSPs are signing long‑term agreements to lock in supply, reinforcing a seller’s market.
  • A DigiTimes report says Samsung is considering shifting some capacity from HBM to DDR5 and LPDDR to capture stronger margins.