Nanya Technology Pei-Ing Lee: Double-Digit DRAM Price Hikes Confirmed for Q2, Shortage Expected to Persist Through 2027

Nanya Technology held its Q1 2026 earnings conference call on April 13.  Dr. Pei-Ing Lee, president of the company, pointed out that the company's average selling price (ASP) for DRAM in the first quarter increased by more than 70% quarter-over-quarter and more than doubled year-over-year. Regarding the recent softening of DRAM spot market prices, he stated that this price correction is merely a short-term adjustment and does not signal a reversal of the industry's fundamentals. Once inventory and prices return to reasonable levels, the market will refocus on AI-driven long-term demand. Dr. Pei-Ing Lee believes that DRAM prices in Q2 will be better than those in Q1, with the increase confirmed to be in the double-digit range. Although future price increases may moderate, the overall upward trend remains solid. In terms of supply and demand dynamics, the current tight supply situation in the DRAM market is expected to continue through 2027.