CFM：Q3 2026 Global Memory Market Review and Q4 Outlook

CFM has recently released its latest quarterly report, "2026Q3 Global Memory Market Summary and Q4 Outlook". The report states that in the fourth quarter of 2026, the quarter-on-quarter price increases for server DDR5 and eSSD are expected to fall within the ranges of 0%–10% and 0%–10%, respectively; price increases for Mobile LPDDR4X/5X and eMMC/UFS are estimated at roughly 0%–5% and 0%–3%; price increases for PC DDR5/LPDDR5X are expected to be about 0%–10%, and the price increase for cSSD is expected to be around 0%–3%.

Due to relevant pricing strategies reached by memory manufacturers and smartphone customers via long-term agreements signed earlier, coupled with subdued mobile market demand, price increases for mobile NAND and mobile DRAM in Q4 are expected to be limited. However, it is foreseeable that demand for server LPDDR5X driven by NVIDIA Vera CPU and AMD Verano CPU could double next year. Beyond server SOCAMM2, demand for LPDDR5X application is surging across markets including in-house-developed ASICs by CSPs, AI PCs, automotive application, action cameras and drones. This will further crimp capacity availability for mobile LPDDR5X. It cannot be ruled out that total LPDDR5X demand from server customers will surpass demand for mobile LPDDR5X next year. Memory manufacturers will allocate more LPDDR5X capacity toward the server market, and the corresponding share of mobile LPDDR5X supply may shrink further. Thus, even if smartphone shipments are capped by rising handset selling prices and demand fails to improve, mobile LPDDR5X will generally remain in tight supply as memory manufacturers flexibly reallocate LPDDR5X supply to the server market. Currently, there is a substantial price gap between mobile LPDDR5X and server LPDDR5X. Driven by financial considerations, memory manufacturers will anchor mobile LPDDR5X pricing to server market pricing, further narrowing the price gap between mobile and server LPDDR5X. Mobile LPDDR5X prices are expected to surge by more than 20% in 2027Q1.

CFM's latest quarterly report, 2026Q3 Global Memory Market Summary and Q4 Outlook, analyzes market changes and future development from multiple perspectives, including market size, capacity, pricing, supply, technology, demand, and application. We invite you to explore the full report. For further report inquiries, please contact: Service@chinaflashmarket.com.

Table of Contents：

1. Summary and Outlook: Supply, Demand, and Pricing
Forecast and Analysis of Specific Price Increases for Mobile, Server, and PC Product Lines in 4Q26.

2. Memory Market Size
Quarterly Changes and 2027 Forecast of Global DRAM/NAND Market Size.

3. Supply-Side Analysis
Analysis of Memory Manufacturers' Revenue, Profit, Inventory Changes, Capital Expenditure, Competitive Landscape, and Supply Strategies.

4. Application and Demand Analysis
Analysis of Demand Changes in Mobile, Server, and PC Application Terminals.

5. Memory Industry Chain Analysis
Analysis of Business Performance of Downstream Memory Manufacturers.