Since late March 2026, the memory market has witnessed a notable downturn in prices, with several mainstream memory products experiencing substantial price reductions in Shenzhen's Huaqiangbei market. Specifically, the price of 32GB DDR5 memory modules plummeted by 500 to 1,050 yuan within a single week, with certain models witnessing a staggering 30% decline. Merchants have reported a rush to offload DDR5 products, with one seller offering modules at just 1,950 yuan each. This price slump can be attributed to a confluence of factors: primarily, channel distributors who had previously hoarded inventory are now compelled to liquidate their stock to free up capital amidst tightening financial constraints. Additionally, technological advancements, such as Google's TurboQuant compression algorithm, have ignited market fears of dwindling storage requirements. Furthermore, the prior surge in memory prices had dampened enthusiasm for new PC builds and upgrades, resulting in a market with limited capacity to absorb new inventory. Despite the sharp correction in consumer-grade memory prices, current levels still remain considerably above historical lows, with no significant reductions observed in factory or end-product pricing. Opinions on future market trends are divided, with some merchants anticipating further price declines, while others contend that, bolstered by upstream raw material costs, the downward trajectory may not be sustainable.