Etron's Nicky Lu: DRAM Price Rally Not Over Yet; Further Upside Possible After Q3

Nicky Lu, Chairman and CEO of Etron Technology, stated yesterday that DRAM prices are currently rising at a rate of 10%–20% per month, with tight supply of DDR4 and DDR5 expected to last at least until mid-next year. He pointed out that the structural changes brought about by AI are comprehensively driving memory demand upward. While the market expects the DRAM price rally to potentially slow after Q3, if demand for new AI applications and new platforms continues to expand, further price increases cannot be ruled out. In addition, the company's order visibility has extended through the end of this year to the first half of next year, and the outlook remains optimistic.