Core Viewpoint - The U.S. stock market for memory chip companies saw significant gains, with Micron Technology rising over 5% to reach a new historical high, Western Digital increasing nearly 4%, and SanDisk climbing almost 8% [1] Market Performance - According to CFM flash memory market data, the global DRAM market size is expected to grow by 24.7% quarter-over-quarter to $40.037 billion in Q3 2025, while the NAND market size is projected to increase by 16.8% to $18.422 billion [1] - The global storage market size reached a record high of $58.459 billion in Q3, marking two consecutive quarters of growth [1] Supply and Demand Dynamics - Currently, the memory supply satisfaction rate has decreased, leading to ongoing supply tightness across various application fields [1] - As supplier inventory levels continue to decline, prices for both DRAM and NAND markets have risen significantly [1] - The storage market is expected to set new quarterly records in Q4 due to these supply-demand dynamics [1]

Core Insights - The global DRAM market is projected to grow by 24.7% quarter-on-quarter in Q3 2025, reaching a size of $40.037 billion, while the NAND market is expected to grow by 16.8% to $18.422 billion, contributing to a total storage market size of $58.459 billion, marking a historical quarterly high [1] DRAM Market - Samsung has regained its position as the leading DRAM supplier with a market share of 34.8%, slightly surpassing SK Hynix, which holds a market share of 34.4% [1] - The increase in Samsung's market share is attributed to a significant rise in HBM bit shipments and DRAM price increases [1] NAND Market - The NAND market is also experiencing price increases due to a further decline in supplier inventory levels [1] - The overall storage market is expected to continue its upward trend, with Q4 projected to set new quarterly records [1]