As we head into 2025, the DRAM memory market is bracing for significant turbulence. With price erosion projected across multiple sectors and a shift in production dynamics, it’s clear that the landscape will look vastly different by the second half of 2025. Here are the key trends that we see shaping the DRAM and NAND markets in the first half of 2025 and the geopolitical forces that will play a critical role in the second half of the year: Weak Demand and Inventory Backlogs Both the DRAM and the NAND markets are still in a state of oversupply, with excess inventory leading to significant price declines through Q4 2024 and Q1 2025. This is driven by multiple factors such as weak consumer demand. Memory manufacturers ramped up production during previous periods of strong demand, but the market failed to meet these forecasts. This has resulted in inventory backlogs that now weigh on prices. As a result, price erosion is expected to continue in the short term. However, ..
