Institution: Q3 DRAM "super cycle," revenue approaches US dollar 20 billion

Global DRAM revenue in Q3 2026 approached $200 billion—roughly five times year-on-year—driven primarily by surging demand from AI accelerators and data centers, alongside sustained price increases. According to Counterpoint Research’s latest *Global Memory Market Tracker Report, Q3 2026*, DRAM bit shipments rose only ~4% quarter-on-quarter, yet the market has entered a “super cycle” dominated by pricing—not the traditional volume-driven expansion cycle. The report notes that AI is reshaping the storage industry’s fundamental logic: memory has evolved from a standardized commodity into a high-value, scarce resource, shifting buyers’ focus from price negotiation to supply assurance. Against this backdrop, with prices continuing their upward trajectory, suppliers are poised to achieve new profit highs in the next quarter.