According to the latest research from TrendForce, starting from the second half of 2025, the prices of commodity DRAM will surge significantly due to supply shortages in the market. As the three major manufacturers adopt an annual pricing mechanism for HBM, the contract prices of HBM fail to reflect quarterly price increases in a timely manner. With negotiations between buyers and sellers for the supply of HBM4, the mainstream product in 2027, beginning in the second quarter of 2026, it is expected that the three major manufacturers will substantially raise HBM quotes in 2027.
