TrendForce latest research shows that the second quarter DRAM industry revenue of about 11.43 billion U.S. dollars, an increase of 20.4%, ending three consecutive quarters of decline.
According to analysts, this quarter’s growth was driven by the rising demand for AI servers, which led to the growth of HBM shipments, as well as a wave of client-side DDR5 stocking, which led to the growth of shipments from the three major original manufacturers.
Among them, SK Hynix shipments grew more than 35% YoY, and the average price (ASP) higher DDR5, HBM shipments accounted for a significant increase, so bucking the trend of growth of 7~9%, Q2 revenue grew nearly 50% YoY to reach 3.44 billion U.S. dollars (currently about RMB 25.043 billion), back to the second place.
Samsung Electronics’ current DDR5 process is relatively backward and accounts for a limited proportion, coupled with the ASP decline of about 7~9%, but thanks to the Q2 stocking of module factories and the demand for AI server construction, shipments increased slightly, so Q2 revenue increased by 8.6% q-o-q, and the revenue amounted to $4.53 billion (currently about RMB 32.978 billion) to rank first.
Although Micron in third place lagged behind in the development of HBM, DDR5 still had a certain proportion of shipments, making the ASP roughly flat, driven by shipments, revenue of about $2.95 billion (currently about 21.476 billion yuan), up 15.7%, but Samsung and Micron’s market share have shrunk.
In addition to this, Nanya and Huabang also saw slight growth, while DRAM revenue declined by about 10.8%, the only original equipment manufacturer to see a decline this quarter, due to the impact of low demand and its relatively outdated process, which lacks a competitive advantage, and a 7.8% decline if foundry revenue is counted.
