During the third quarter of 2025, the global DRAM market witnessed remarkable growth. It surged by 24.7% on a quarter-over-quarter basis, soaring to a value of $40.037 billion. Meanwhile, the NAND market also showed positive momentum, expanding by 16.8% quarter-over-quarter to hit $18.422 billion. The combined memory market size continued its upward trajectory for two consecutive quarters, reaching a staggering $58.459 billion, marking a new all-time high for a single quarter.

In the DRAM market, Samsung managed to outshine its competitor. It overtook SK Hynix, which held a 34.4% market share, by securing a 34.8% share. Samsung's resurgence to the top spot was fueled by two key factors. Firstly, there was a substantial increase in its High Bandwidth Memory (HBM) bit shipments. Secondly, the company benefited from the price hikes of DRAM products.

The price increases for both DRAM and NAND were driven by a decline in supplier inventory levels. As a result, prices for these memory products rose across the board. Looking ahead, the memory market is projected to continue its upward climb, with expectations that it will reach yet another record high in the fourth quarter.