[Insights] Memory Spot Price Update: DDR5 Uptrend Slows; DRAM Price Hikes to Moderate in Q3

According to TrendForce’s latest memory spot price trend report, regarding DRAM, DDR5 prices have shown signs of slowing, with overall DRAM price hikes expected to ease in 3Q25. As for NAND flash, spot prices have reached a relatively high level after rising since late February, and buying momentum is now cooling. Details are as follows:

DRAM Spot Price:

Compared with DDR4 products, DDR5 products still experience small spot price hikes. However, the average spot prices of DDR5 products are already quite high, even rising above contract prices in some instances. Therefore, the uptrend has moderated recently. Module houses and spot traders are still more willing to accept quotes for DDR4 products. Looking ahead to 3Q25, the magnitudes of price hikes are expected to shrink in the spot market. Contract prices will gradually catch up to spot prices, thereby closing the gap between them. The average spot price of mainstream chips (i.e., DDR4 1Gx8 3200MT/s) has increased by 12.8% from US$2.180 last week to US$2.460 this week.

NAND Flash Spot Price:

Spot prices have arrived at a relatively high level after early price hikes since the end of February. Purchase sentiment is dropping significantly within the market subsequent to suppliers’ active releases of additional products, with both price inquiries and transactions showing deceleration. Spot prices of 512Gb TLC wafers have slightly dropped by 0.18% this week, arriving at US$2.725, indicating a wait-and-see attitude on prices under a weak momentum of the market for the time being.