Conventional DRAM contract prices will rise 58% to 63% quarter-over-quarter in Q2 2026, while NAND Flash contract prices will jump 70% to 75% QoQ, according to TrendForce's latest memory pricing survey. The increases follow a Q1 that saw DRAM contracts climb by a record 90% to 95% QoQ, meaning the rate of DRAM price growth has slowed somewhat, even as NAND Flash prices have accelerated sharply from the prior quarter's circa 60% increase.
Unfortunately, the underlying issue of DRAM suppliers reallocating capacity towards AI-related applications still exists, and NAND production is increasingly being directed toward enterprise SSDs. Cloud service providers are also securing the bulk of available supply through long-term agreements, and meaningful capacity expansion is not expected until late 2027 at the earliest.
