国芯网[原:中国半导体论坛] 振兴国产半导体产业！ 不拘中国、 放眼世界 ！ 关注 世界半导体论坛 ↓ ↓ ↓ 1月6日消息，2025全年内存价格持续疯涨，目前已经引发消费电子行业史无前例的内存短缺和涨价潮，终端厂商和消费者都苦不堪言，而内存厂商们则成 了巨大的获利者。 分析师预计，三星2025年Q4营业利润预计达16.9万亿韩元（约合816亿元人民币），较去年同期的6.49万亿韩元同比飙升160%。 这一业绩将创下自2018年第三季度（17.6万亿韩元）以来的七年最高季度利润，部分乐观分析师甚至将利润预期上调至20万亿韩元以上。 此次内存涨价潮主要源于英伟达等巨头对AI芯片的疯狂需求，半导体厂商不得不将大量产能投入到高带宽内存的生产中。 这直接导致了传统DRAM（如DDR4、DDR5）和NAND闪存的产量减少，从而引发了全面的供应短缺。其中，DDR4基准价格在过去一年内飙升了近七 倍，创下2016年以来的最高水平。 需要注意的是，三星同时也是全球最大的智能手机制造商，内存成本的暴涨正在严重侵蚀其手机业务的利润空间。 三星电子联合首席执行官TM Roh表示："由于这种情况史无前例，没有任何一家公司能够免受其影 ...

Core Insights - The storage module industry is experiencing a significant shortage driven by AI demand, with NAND Flash prices increasing by approximately 50% this month, and DRAM prices for DDR4 and DDR5 also rising [2] - NAND Flash applications in AI have surged recently, leading to a shift in supplier capacity towards AI applications, with expectations of a substantial market opportunity due to HDD shortages [2] - The major DRAM manufacturers have no plans to increase DDR4 production, anticipating a gradual exit from the DDR4 market by 2026, which limits supply and drives prices up [2] Group 1: Company Performance - In Q3, the company reported revenues of 4.109 billion, a quarter-over-quarter increase of 27.2% and a year-over-year increase of 63.2%, with a net profit of 1.511 billion, reflecting a quarter-over-quarter increase of 259% and a year-over-year increase of 334% [3] - The company is primarily focused on industrial control, with DDR4 still dominating product shipments, while expecting an increase in DDR5 shipments as customers transition [2] Group 2: Market Trends - SanDisk predicts that the NAND Flash supply shortage will persist until at least the end of 2026, with indications that the tight supply situation may extend into 2027 [4] - The demand for NAND Flash is driven by long-term trends, capital investments, and industry transitions, with data centers expected to become the largest segment for NAND Flash by 2026 [4] - SanDisk's wafer fabs are operating at full capacity to replenish significantly reduced inventories, and the company is optimistic about the long-term growth of the data center market [4][6] Group 3: Future Outlook - SanDisk's revenue guidance for Q2 FY2026 is projected between 2.55 billion and 2.65 billion, exceeding market expectations, with adjusted earnings per share forecasted between 3.00 and 3.40 [6] - The company reported a 26% quarter-over-quarter growth in data center revenue, with ongoing collaborations with major data center clients [7] - BiCS8 technology is expected to dominate production by the end of FY2026, currently accounting for 15% of total shipments [7]