2025年下半年以来，存储芯片价格涨幅惊人，内存、闪存的价格翻了1倍以上，"内存 条"价格涨幅远超"金条"。 "内存条跟硬盘一天一个价，越来越高，跟去年相比涨了三四倍""现在每天大约涨40元"。 近段时间，内存条大幅涨价的话题引发了广泛关注。 这意味着，仅因存储部件的价格变动，令这台目前总价约12500元的电脑的装机成本，在 一个月间增加了25%。 一位电脑组装从业者称，"现在不买，以后价格可能还会上涨，买得亏不亏谁都难说。建议 非刚需的人，可以组装一台够用的电脑，等价格降下来，再换大一点的内存条和硬盘。可以 等的话，拿旧电脑改一改，应应急。" 至于单价本身就很高的服务器内存，涨价则更加惊人。 有数据显示，2025年9月以来，DDR5内存条价格上涨超300%，DDR4内存条涨幅也超 150%。有业内人士表示，此轮内存条涨价源于AI引爆的存储需求浪潮。 "明天什么价没人知道" "报价单只管当天，明天什么价没人知道。"1月14日，在深圳华强北电子市场，一位电脑组 装商向财联社记者展示了最新的存储产品报价单。 该组装商表示，一款铠侠2T硬盘的价格从12月初的约1000元上涨至1500元，金百达的一 款32*2内存条 ...

Core Viewpoint - The automotive industry is facing a critical crisis due to soaring memory prices and supply shortages, which are significantly impacting the profitability and operational strategies of car manufacturers [2][4][8]. Group 1: Cost Pressures - The automotive sector is experiencing a crisis characterized by intertwined price surges and supply shortages, with memory prices being a major concern [4]. - The demand for memory in high-end smart vehicles has escalated from several GB to 64GB or even 256GB, with some approaching TB levels, making memory a crucial hardware component [4]. - The global DRAM market has entered a "super bull market," with some high-end products seeing price increases of several times within a year, potentially raising manufacturing costs by thousands of yuan per vehicle [4][8]. Group 2: Supply Chain Challenges - The automotive industry is at a disadvantage in the competition for memory resources against the AI sector, which has a higher profit margin and capital investment [7]. - The forecast of a storage chip supply satisfaction rate of less than 50% indicates that car manufacturers face not only high costs but also the risk of unavailability [5]. - The shift in production capacity towards high-bandwidth memory for AI applications has exacerbated the supply challenges for the automotive sector [7]. Group 3: Competitive Landscape and Strategic Responses - The memory crisis is reshaping the competitive landscape, with leading car manufacturers better positioned to absorb costs and secure supplies through long-term agreements [11]. - Companies with robust supply chain management are likely to demonstrate greater resilience, while those with weaker systems may struggle to maintain production stability [10][11]. - The crisis may force car manufacturers to adjust configurations, potentially leading to a slowdown in the advancement of smart vehicle technologies [11]. Group 4: Long-term Strategies - The automotive industry must proactively seek solutions to build a more resilient supply chain, including signing long-term supply agreements and accelerating the validation of domestic storage chips [13]. - Future competitiveness will rely more on the integration of software and hardware rather than solely on hardware specifications, pushing the industry towards optimizing algorithms and system architectures [13]. - Leading manufacturers may adopt vertical integration strategies similar to Tesla and BYD, investing in core components like chips to secure better supply chain positions [13].

Group 1 - The core conclusion indicates that the market's upward momentum has slowed, with trading funds remaining active, leading to a significant increase in turnover rates, surpassing the high point from August 2025 [3][9] - The report suggests that the spring market is still in progress, and a period of sideways consolidation following excessive short-term trading is normal, with policies indicating a temporary cooling but maintaining an overall loose tone [9][10] - The report emphasizes that in the liquidity bull market phase, price increases may be a significant theme, driven by the narrative of re-pricing key resources under the backdrop of de-globalization and supply chain restructuring [4][10] Group 2 - The report highlights that the long-term view remains optimistic about the potential for a new super cycle in commodity prices, despite short-term fluctuations [4][24] - It identifies that the current price cycle is primarily driven by supply chain security, with geopolitical tensions and trade conflicts enhancing the strategic value of resource commodities [10][24] - The report notes that both supply and demand sides benefit from the expansion of new energy vehicles, photovoltaic, and other emerging sectors, while traditional demand is recovering [24][25] Group 3 - The report outlines that the main drivers of the current price increase are supply constraints combined with demand shifts, with a focus on the elasticity of supply [24][32] - It mentions that the supply constraints include capacity limitations in key resources like copper and rare earths, as well as policies aimed at reducing excess capacity [24][32] - The report also points out that the demand side should focus on the expansion opportunities in new energy sectors, which are expected to drive growth [24][32] Group 4 - The report indicates that the market may continue to show strength in the near term, with potential volatility in January, but the overall downward risk is manageable [32][35] - It suggests that the liquidity environment is likely to remain favorable leading up to the Spring Festival, with the possibility of further capital inflows supporting market stability [32][35] - The report emphasizes the importance of monitoring regulatory changes and the speed of supply release as potential sources of market volatility [32][35]

本周（1月12日至1月16日）南向资金合计成交净流入近90亿港元，多只大型科技股获明显加仓。 美光科技斥资18亿美元 收购力积电晶圆厂 1月17日，全球存储芯片巨头美光科技宣布与力积电签署独家意向书，以总价18亿美元现金收购力积电位于中国台湾铜锣的P5晶圆厂。此 意向书旨在建立美光与力积电在美光DRAM晶圆后段组装制程的长期合作关系，并协助力积电精进其既有利基型DRAM产品线。 美光表示，此次策略性收购现有前段制程无尘室，有助于美光提升产能，在需求持续超越供给的市场中更好地服务客户。美光预期，此 收购案将自2027年下半年起，为其DRAM晶圆产能带来显著贡献。 近期，美光科技扩产动作不断。当地时间1月16日，公司在纽约州奥农达加县总投资1000亿美元的巨型晶圆厂正式破土动工。美光表示， 该晶圆厂预计2030年开始生产，在十年内逐步扩大产能。 随着AI需求爆炸式增长，存储产业进入上行周期，全球存储龙头企业纷纷公布扩产计划，三星、SK海力士、美光三大DRAM原厂持续推 进工艺升级和产能扩张。 从行情上来看，成交活跃股本周涨多跌少，狮腾控股涨幅居首，一周累计上涨148.15 %；阿里健康、华虹半导体、阿里巴巴-W随 ...

美 光 的 存 储 芯 片 版 图 扩 张 ， 始 终 与 中 国 台 湾 市 场 紧 密 相 连 。 2012 年 ， 美 光 并 购 日 本 尔 必 达 （Elpida），同时获得尔必达与力晶合资的DRAM厂商瑞晶电子的股权，将其纳入中国台湾美光体 系。这一交易助力美光跻身全球存储芯片三强，与三星、海力士形成三足鼎立之势。2016年底，美光 以每股新台币30元、总价约1300多亿元新台币的价格，收购台塑集团旗下的DRAM厂商华亚科，华 亚科于同年12月6日从中国台湾证券交易所退市，成为美光100%控股的子公司。此次为响应AI市场 需求，美光以现金方式收购力积电铜锣厂，足见其对扩充产能的迫切需求。 （来源 ：自由时报 ） *免责声明：本文由作者原创。文章内容系作者个人观点，半导体行业观察转载仅为了传达一种不同的观点，不代表半导体行业观察对该 观点赞同或支持，如果有任何异议，欢迎联系半导体行业观察。 | 今天是《半导体行业观察》为您分享的第 4291 期内容，欢迎关注。 推荐阅读 | | --- | | ★ 一颗改变了世界的芯片 | | ★ 美国商务部长：华为的芯片没那么先进 | ★ "ASML新光刻机，太贵 ...

Core Insights - The price of storage chips, particularly memory and flash memory, has surged dramatically since the second half of 2025, with prices for memory modules doubling or more, significantly outpacing gold prices [1] - The current market for storage has entered a "super bull market" phase, surpassing historical highs seen in 2018, driven primarily by the explosive demand from AI applications [1][8] Price Trends - Since September 2025, DDR5 memory prices have increased by over 300%, while DDR4 memory prices have risen by more than 150% [1] - In January 2026, a 2TB hard drive's price rose from approximately 1000 yuan to 1500 yuan, and a specific memory module increased from 3000 yuan to 4500 yuan, reflecting a 50% price hike [2] - The price of a specific 256GB DDR5 server memory module has seen multiple increases within ten days, rising from 38,999 yuan to 47,999 yuan, equivalent to the price of a new iPhone 17 Pro [2] Supply Chain and Procurement - The volatility in prices has led to tighter trading conditions in the supply chain, with manufacturers advising clients to procure supplies as soon as possible [3] - The demand for memory from AI servers is 8-10 times greater than that of regular servers, consuming 53% of global monthly memory production capacity [1][7] Impact on Consumer Electronics - The rising costs of storage components are affecting the pricing and availability of consumer electronics, with major brands like Lenovo, Dell, and HP increasing laptop prices by 500 to 1500 yuan [4] - Many smartphones are seeing a reduction in memory specifications, effectively increasing prices without changing the listed price [5] Future Outlook - Analysts predict that the current cycle of rising storage prices, driven by demand mismatches and technological shifts, may continue until late 2026 or even into 2027 [8] - Forecasts indicate that the average selling price (ASP) of server DRAM could rise by 144% year-on-year, with significant profit increases expected for major companies like Samsung and SK Hynix [8][10] - Micron Technology has reported stronger-than-expected financial results and is anticipated to benefit significantly from the ongoing supply shortages in storage chips [10]

格隆汇1月18日｜据中国经营报，存储芯片涨价潮从2025年持续到2026年，目前还在上涨。查阅装机助 手小程序发现，多款内存最近90天价格飞升。以宏碁掠夺者32G（16G×2）DDR5 6000 PallasⅡ为例， 该款内存2025年10月30日前后价格还在1300元附近，但2026年1月14日就飙涨到2700元左右。相关报道 显示，近期谷歌、微软等美国企业正紧急派遣采购人员飞往首尔，不计成本地争夺日益紧缺的DRAM货 源。 本轮存储芯片涨价潮已经蔓延到产业链中游封测行业，同时，下游厂商持续承压，并出现一定分化。受 访人士皆认为，本轮存储芯片涨价并非简单的"周期反弹"，涨价从去年延续至今年是周期因素与产业结 构升级共振的结果。对于存储芯片的未来价格走势，受访人士以及机构皆认为，2026年，存储芯片价格 将继续上涨，景气度至少延续到2026年上半年，市场对景气度持续到2026年之后的判断也在增多。 ...

重要新闻提示 央行、金融监管总局：商业用房购房贷款最低首付款比例调整为不低于30% 国家能源局1月17日宣布，2025年我国全社会用电量历史性突破10万亿千瓦时 美光科技：拟以18亿美元收购PSMC的P5厂区，扩充产能 财经新闻 1.1月17日，中国人民银行、国家金融监督管理总局发布关于调整商业用房购房贷款最低首付款比例政 策的通知。通知明确，商业用房（含"商住两用房"）购房贷款最低首付款比例调整为不低于30%。详见 报道《不低于30%！商业用房购房贷款最低首付款比例调整》 2.据西安电子科技大学微信公众号发文，长期以来，半导体面临一个根本矛盾：我们知道下一代材料的 性能会更好，却往往不知道如何将它制造出来。近日，西安电子科技大学郝跃院士、张进成教授团队的 最新研究在这一核心难题上实现了历史性跨越——他们通过将材料间的"岛状"连接转化为原子级平整 的"薄膜"，使芯片的散热效率与综合性能获得了飞跃性提升。这不仅打破了近二十年的技术停滞，更在 前沿科技领域展现出巨大潜力，相关成果已发表在国际顶级期刊《自然·通讯》与《科学·进展》。这项 研究成果成功将氮化铝从一种特定的"粘合剂"，转变为一个可适配、可扩展的"通用集 ...

Core Viewpoint - The storage chip prices have surged dramatically since the second half of 2025, with memory and flash prices more than doubling, driven primarily by the explosive demand from AI applications [1][7]. Group 1: Price Increases - DDR5 memory prices have increased by over 300% since September 2025, while DDR4 memory prices have risen by more than 150% [1]. - A 2TB hard drive's price rose from approximately 1000 yuan to 1500 yuan, and a 32*2 memory module increased from 3000 yuan to 4500 yuan, reflecting a 50% price hike [3]. - The overall cost of a computer has increased by 25% in just one month due to rising storage component prices [4]. Group 2: Market Dynamics - AI servers consume 53% of the global monthly memory production, with their memory demand being 8-10 times that of regular servers, leading to a significant squeeze on consumer-grade memory supply [1][11]. - Major cloud service providers are placing large purchase orders, indicating a "super bull market" in the storage sector, surpassing the historical highs of 2018 [1][12]. Group 3: Impact on Consumer Electronics - The price increases in storage components are affecting the pricing strategies of consumer electronics, with major brands like Lenovo, Dell, and HP raising laptop prices by 500-1500 yuan [5]. - Smartphone manufacturers are also adjusting their product offerings, with many reducing the base memory specifications, effectively increasing prices without changing the listed price [6]. Group 4: Future Outlook - Analysts predict that the current cycle of storage price increases may continue until the end of 2026 or even into 2027, driven by demand mismatches and technological shifts [11]. - Forecasts suggest that the average selling price of server DRAM could rise by 144% year-on-year, with significant profit increases expected for companies like Samsung and SK Hynix [11].

"内存条跟硬盘一天一个价，越来越高，跟去年相比涨了三四倍""现在每天大约涨40元"。近段时间，内存条大幅涨价的话题引发了广泛关注。 每经编辑｜段炼 2025年下半年以来，存储芯片价格涨幅惊人，内存、闪存的价格翻了1倍以上，"内存条"价格涨幅远超"金条"。 有数据显示，2025年9月以来，DDR5内存条价格上涨超300%，DDR4内存条涨幅也超150%。有业内人士表示，此轮内存条涨价源于AI引爆的存储需求浪 潮。 行业调研显示，AI服务器对内存的需求量是普通服务器的8-10倍，如此庞大的需求，使得AI服务器目前已消耗全球内存月产能的53%，海量高端存储需 求直接挤压了消费级内存的产能分配。全球头部云服务商纷纷抛出巨额采购订单。有报告指出，存储市场已进入"超级牛市"阶段，当前行情甚至超越了 2018年的历史高点。 "明天什么价没人知道" 厂家：建议尽早采购 "报价单只管当天，明天什么价没人知道。"1月14日，在深圳华强北电子市场，一位电脑组装商向智通财经记者展示了最新的存储产品报价单。 该组装商表示，一款铠侠2T硬盘的价格从12月初的约1000元上涨至1500元，金百达的一款32*2内存条则从3000元上涨至45 ...