DRAM价格，一路飙升

Core Insights - The prices of storage semiconductors, specifically DRAM and NAND flash, have significantly increased for the fourth consecutive month as of July, with DRAM prices rising by 50% compared to the previous month [2][3] - The average fixed trading price for PC DRAM (DDR4 8Gb 1Gx8) reached $3.90 in July, marking the highest level since October 2021 [2] - Major DRAM manufacturers are prioritizing server DRAM over PC DRAM, leading to supply pressures and a price reversal for DDR4, which is now priced about 4% higher than DDR5 [3] DRAM Market Dynamics - The average fixed trading price for NAND flash products (128Gb 16Gx8 MLC) increased by 8.67% in July, following a trend of price recovery after a decline that began in September of the previous year [3] - The reduction in production of older DDR4 products due to manufacturers' plans to phase them out has led to a decrease in supply, while demand from PC manufacturers remains strong [3] - The price increase for DDR4 is expected to continue until the end of 2025, with DDR5 usage projected to grow gradually [3] Industry Trends - The demand for edge AI computing power is rising, driven by the proliferation of AI models, which is positively impacting the market for high-performance Ethernet switches, advanced storage products, GPUs, and edge computing chips [4] - The exit of major players like Samsung, SK Hynix, and Micron from the commodity DRAM market is anticipated to lead to a price increase for commodity DRAM, with prices expected to remain at mid-to-high levels in 2025 and 2026 [4] - The recovery in demand from sectors such as smartphones, PCs, IoT, and industrial control boards, along with the trend of domestic substitution, is expected to drive up supply prices from various storage manufacturers [4]