AI DATACENTER SUPPLY SQUEEZE · CYCLE QUARTER 5

RAM prices & memory chip price tracker.

Live DDR5, DDR4, DRAM, HBM and NAND prices — RAM price charts tracked like a commodity market.

Why is RAM so expensive right now, and when will RAM prices go down? Follow spot levels, 12-month price graphs, manufacturer backlogs and the AI chip supply-chain news that moves them, updated against DRAMeXchange, TrendForce, SemiAnalysis and retail trackers. Every number is pivotable and exportable to CSV or Excel, every source is linked, nothing is dumbed down.

Price explorer

Rebased to 100 at series start — compare moves across incompatible units.

Products — HBM3E-36G, DDR5-16G, DDR4-8G, RTL-32G4/6 selected ▾

Pick up to six products to plot. All segments · 53 available.

DRAM basket YoY
+505.00%
Unweighted mean across tracked DRAM contracts
Biggest 12m mover
+860.00%
DDR4 8Gb (1Gx8) 3200 — DRAM
Booked order value
$282B
Committed supplier backlog across tracked manufacturers
Industry capex FY
$100B
Front-end spend guidance; 7-9 quarters to first bits

Price board

15 of 53 tracked contracts · 90-day sparkline · native units

Current spot prices for DRAM, HBM, NAND and retail memory products
ContractSpotDaily H / LSession H / L24h30dYoYAI demand90dChart / buy
HBM3-24GHBM
HBM3 24GB 12-Hi Stack

~$8.33/GB. Allocation product — published levels are indicative, not an open spot market.

USD / stack
$199.48
$200.63
$198.56
$200.86
$198.30
-0.03%-0.46%+4.00%
100.00%
HBM3E-36GHBM
HBM3E 36GB 12-Hi Stack

Reported scarce-lot spot price, roughly 4–5x long-term-agreement levels. No like-for-like 30-day spot comparison is available.

USD / stack
$2,102.00
$2,132.15
$2,083.62
$2,132.15
$2,056.52
+0.06%-0.08%+14.00%
100.00%
HBM4-48GHBM
HBM4 48GB 16-Hi Stack

Reported spot indication for a scarce 16-layer product entering mass production; this is not a settled contract price.

USD / stack
$3,510.00
$3,527.73
$3,443.10
$3,544.16
$3,443.10
+0.70%+0.96%n/a
100.00%
DDR5-16GDRAM
DDR5 16Gb (2Gx8) 4800/5600

17 Sep session average. Demand remains selective even as the published average holds near its cycle high.

USD / die
$56.11
$57.23
$53.99
$57.23
$49.70
+0.94%+6.38%+480.00%
62.00%
DDR5-16G-eTTDRAM
DDR5 16Gb (2Gx8) eTT

Untested die. The eTT-to-branded gap is the cleanest read on how tight qualified supply is.

USD / die
$24.55
$24.89
$23.67
$24.89
$21.27
-0.73%+0.36%+330.00%
30.00%
DDR4-8GDRAM
DDR4 8Gb (1Gx8) 3200

17 Sep spot average. Legacy-node supply remains tight, though weekly gains have slowed from the summer surge.

USD / die
$45.59
$47.68
$43.75
$47.68
$40.38
-0.87%+6.41%+860.00%
18.00%
DDR4-16GDRAM
DDR4 16Gb (2Gx8) 3200

17 Sep session average. The negative session move is an early cooling signal after the legacy-node squeeze.

USD / die
$84.43
$88.61
$82.12
$88.61
$75.78
-1.13%+4.85%+690.00%
15.00%
GDDR6-16GDRAM
GDDR6 16Gb Graphics DRAM

Graphics index. Competes with HBM and server DRAM for the same advanced-node wafer starts.

USD / die
$11.68
$11.97
$11.51
$11.97
$10.26
-0.42%+4.87%+195.00%
34.00%
RDIMM-64GDRAM
DDR5 RDIMM 64GB (32x 16Gb)

Derived: 32 × DDR5 16Gb spot plus ~6% for RCD, PMIC, PCB and assembly. No public module print.

USD / module
$1,857.00
$1,897.18
$1,820.54
$1,897.18
$1,645.91
+0.04%+4.47%+455.00%
84.00%
eSSD-30TNAND
Enterprise SSD 30.72TB QLC

Estimate rolled forward on TrendForce's reported 48–53% QoQ eSSD contract increase in 2Q26.

USD / drive
$4,633.00
$4,747.30
$4,576.41
$4,747.30
$4,133.27
-0.15%+12.21%+165.00%
71.00%
RTL-16GRetail
Retail DDR5 16GB Module (6000 CL30)

Single-module retail. YoY left at the 1 Aug basis — the new level comes from a different tracker, so the year-ago comparison is not like-for-like.

USD / module
$275.71
$295.89
$271.34
$295.89
$254.61
-1.34%+27.60%+245.00%
0.00%
RTL-32GRetail
Retail DDR5 32GB Kit (2x16, 6000 CL30)

Cheapest qualified 32GB DDR5 kit at named US retailers on 30 Aug; the index median was $15.94/GB (~$510).

USD / kit
$463.23
$491.78
$450.27
$491.78
$412.07
+2.59%+14.53%+230.00%
0.00%
RTL-64GRetail
Retail DDR5 64GB Kit (2x32, 6000 CL30)

Consumer kits are now priced off the datacenter bid rather than off PC demand; 128GB cleared $3,399 in August.

USD / kit
$1,151.00
$1,171.61
$1,059.52
$1,171.61
$959.55
+2.47%+32.03%+250.00%
0.00%
RTL-NVME2TRetail
Retail NVMe SSD 2TB (market average)

Flat over 30 days and down 42% over 60 — the one line on the board that has stopped rising.

USD / drive
$376.38
$384.14
$357.38
$384.14
$327.06
-0.67%-0.77%+220.00%
0.00%
LPDDR5X-16GMobile
LPDDR5X 16Gb (2GB) 8533

Flagship phone and on-device AI part. Edge-AI NPUs now bid against handset OEMs for the same 1b-nm wafers.

USD / die
$30.21
$31.08
$29.54
$31.08
$26.46
+0.57%+8.01%+340.00%
26.00%

Daily H/L is the current quote day's range; session H/L is the trailing 30-day quoting window. Prices re-price every 12h (00:00 / 12:00 UTC). Last updated · next .

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Supply-chain wire

All news ↗
  • DRAMMarket data

    17 Sep spot board: DDR5 averages $55.23; DDR4 16Gb retreats 1.85%

    DDR5 16Gb 4800/5600 averaged $55.233 (+0.73%) and DDR5 eTT averaged $24.50 (+0.82%). DDR4 split: 8Gb 3200 rose 0.78% to $46.143 while 16Gb 3200 fell 1.85% to $86.00. The board remains historically expensive, but the first visible corrections are appearing in select legacy parts.

    DRAMeXchange / TrendForce spot board
  • NANDDownside risk

    512Gb TLC NAND slips to $20.083 as consumer buying stays weak

    The 512Gb TLC wafer spot reference fell another 0.31% to $20.083 on 14 September after a 2.71% weekly decline to $20.146. Consumer purchasing remains cautious even while enterprise SSD demand keeps contract pricing elevated.

    TrendForce
  • DRAMMarket data

    Spot board, 1 Sep: DDR5 16Gb $54.08, DDR4 16Gb $92.02, DDR4 8Gb $44.54 — all up under half a percent

    The 1 September session closed with DDR5 16Gb 4800/5600 at a $54.083 average (+0.31%), DDR4 16Gb 3200 at $92.024 (+0.27%) and DDR4 8Gb 3200 at $44.544 (+0.40%). Every line is still green, but the daily session moves are now fractions of a percent rather than the multi-point jumps of June and July. The spread is the story: DDR4 16Gb printed a $117.00 high against a $42.20 low in the same session.

    DRAMeXchange / TrendForce spot board
  • DRAMDownside risk

    Sigmaintell: Q3 memory price increases have narrowed sharply, some categories now under 10% QoQ

    Sigmaintell's Q3 2026 storage price indicator has supply and demand still tight and every DRAM and NAND category still rising quarter-over-quarter — but the rate of increase has slowed materially versus Q2, with some chips narrowing to single-digit sequential gains. Deceleration is not a reversal, but it is the first thing that has to happen before one.

    Sigmaintell via ChainCatcher

Sources we track

Every tracked level is checked against these publishers.

  • Daily DRAM spot board (DDR5/DDR4/DDR3, branded and eTT) plus quarterly contract settlements.

  • Global Memory Tracker: quarterly DRAM revenue share, HBM share and supplier growth rates.

  • Micron, SK hynix and Samsung quarterly revenue, operating profit and capex disclosures.

  • SemiAnalysisDeep research

    HBM supply/demand modeling, accelerator BOM teardowns, fab capacity tracking.

  • Silicon AnalystsHBM pricing

    Per-stack and per-GB HBM pricing by generation, plus weekly qualification tracking.

  • Daily DRAM and NAND spot levels across DDR4, DDR5 and flash densities.

  • PCPartPickerRetail trend

    Historical retail price trends for consumer memory kits and SSDs.

  • RAM Price HistoryRetail tracker

    Live retail minimum and market-average pricing for DDR5 kits and NVMe SSDs by region.

MemoryIndex Weekly

Monday morning, in three minutes.

Week-over-week and year-over-year moves on DRAM, HBM, NAND and semis, plus the three headlines that actually moved a price. Free. Unsubscribe any time.

Manufacturer leaderboard

Full table ↗

Click any column header to re-rank. Bars scale to the active sort metric.

8 manufacturers · sortable · reported figures flagged in the export

Memory chip manufacturer leaderboard: market share, revenue, margins, order backlog and capex
#Manufacturer
1
Samsung Semiconductor
Hwaseong, KR · 1b nm, TC-NCF

Back on top at 39% DRAM revenue share — levels last seen in 2024 — after ceding the lead in 2025.

39.00%26.00%$80.0B+168.00%70.00%5.1Q$88.0B$33.6B140k
2
SK hynix
Icheon, KR · 1b / 1c nm, TSV MR-MUF

Record quarter, shrinking share: +214% YoY revenue but 39% → 26% as Samsung and Micron squeezed both ends.

26.00%52.00%$57.1B+214.00%76.30%6.2Q$96.5B$24.1B175k
3
Micron Technology
Boise, US · 1β / 1γ nm EUV

One point behind SK hynix — the closest the two have been since 2014. Margin shown is GAAP net.

25.00%19.00%$41.5B+345.80%68.10%5.8Q$61.2B$19.4B95k
4
CXMT
Hefei, CN · G4 (17nm-class)

Fastest-growing DRAM supplier globally; a fresh IPO to fund HBM and LPDDR6 capacity.

5.00%0.40%$6.6B+716.00%9.40%2.9Q$7.1B$11.0B12k
5
Kioxia
Tokyo, JP · BiCS 8 / 218L

NAND-only. High-capacity QLC eSSD demand is the AI leverage point.

$4.6B+39.80%26.10%3.4Q$14.8B$6.2B
6
SanDisk
Milpitas, US · BiCS 8 / 218L (JV)

Shares fab output with Kioxia; consumer channel exposure amplifies the retail SSD move.

$2.9B+44.10%21.70%3.1Q$8.9B$3.1B
7
Nanya Technology
New Taipei, TW · 20nm / 1A nm

Second-fastest grower on ramped DDR4/LPDDR4/5 supply into a market with no slack.

2.00%$2.6B+690.00%31.00%3.2Q$4.4B$1.9B
8
Winbond
Taichung, TW · 25nm / 20nm

Specialty and niche DRAM; benefits when tier-1s abandon low-density parts.

0.90%$0.3B+51.20%15.30%3.8Q$1.2B$0.6B

RAM & memory chip price FAQ

Why are RAM prices so high right now?
AI datacenter demand is the whole story. HBM consumes roughly three times the wafer area per shipped bit versus commodity DDR5, so every wafer a DRAM maker converts to HBM for AI accelerators removes several times more mainstream bits from the market. Effective industry bit supply is shrinking even as wafer starts grow, which is why DDR5, DDR4 and retail RAM kit prices have run up so hard.
When will RAM prices go down?
Not quickly. New greenfield DRAM fabs take roughly seven to nine quarters from tool-in to meaningful bit output, and the capacity being added is heavily earmarked for HBM. Until those bits land or AI accelerator demand cools, RAM prices are expected to stay structurally elevated — the tracker's 12-month charts are the fastest way to see whether the trend has actually turned.
Why is RAM so expensive now compared to last year?
Compare the year-over-year column on the price board: DRAM contracts across the tracked basket are up in the hundreds of percent, and DDR4 has moved most of all because suppliers are ending legacy nodes to free capacity for DDR5 and HBM. Retail DDR5 kits absorb that squeeze last but hardest, since consumers bid against hyperscaler purchase orders.
Where can I see a RAM price chart or DRAM price graph?
The price explorer on this page plots every tracked contract over 30 days to 12 months, as a line, area, change or AI-exposure scatter chart, indexed or in absolute dollars. You can filter by HBM, DRAM, NAND or retail and export the underlying series to CSV or Excel.
What is HBM and why does it cost so much?
High Bandwidth Memory stacks DRAM dies vertically with through-silicon vias next to an AI accelerator. Low stacking yields, advanced packaging constraints and allocation-based selling mean an HBM3E stack sells for hundreds of dollars versus low double digits for a commodity DRAM die.
Where do DRAM spot prices come from?
There is no exchange for memory. Public DRAM spot prices come from broker surveys — primarily the DRAMeXchange/TrendForce daily spot board — plus quarterly contract settlements, company filings and retail trackers such as PCPartPicker and Newegg. Every level here is flagged reported, derived or estimate and links to its source.
How often are memory chip prices updated?
DRAM and NAND spot levels move on a daily survey cycle, contract prices settle quarterly, and HBM is sold on multi-quarter allocation rather than an open market. The tracker records the session date alongside every price so you always know how fresh a number is.
Who makes the memory chips used in AI chips and datacenters?
SK hynix, Samsung and Micron supply essentially all HBM going into Nvidia, AMD and hyperscaler accelerators, with CXMT, Nanya and Winbond in commodity DRAM and Kioxia, SanDisk and others in NAND. The manufacturer leaderboard ranks them by bit share, HBM share, quarterly revenue, order backlog and capex.

More detail on contract definitions, units and data quality flags lives in the methodology, including the ranked list of data sources.