Last week, Micron made waves by halting its quotations and announcing across-the-board price hikes. This week, Samsung followed suit, informing its customers that the contract prices for its DRAM products, encompassing LPDDR4X, LPDDR5, and 5X, are set to surge by 15% to 30% in the fourth quarter. Additionally, NAND prices are also projected to climb by 5% to 10%. Industry analysts predict that with both Micron and Samsung implementing price hikes in succession, downstream customers, influenced by market expectations, might hasten to restock at elevated prices. This, in turn, could further escalate the prices of memory products.