常见的32GB内存条，去年年初还不到800元，现在已涨到2200元以上，价格几乎翻了三倍。服务器用的更夸张，256GB的DDR5单条售价已经超过4万元， 一些高频率型号更是冲破了6万元的大关 涨得比黄金块，一年涨3倍，内存条成了电子界的茅台！ 近日，这个曾经在电脑装机时最不起眼的配件，如今价格已经直逼黄金。 行业里常见的包装是一盒100根，其总价已经超过400万元，这个价格，已经可以在上海买一套不错的房子了。 面对这波涨势，不少装机商直言，做了20年生意从没见过这种涨法。甚至连一些资深行业人士也表示，从业多年从未遇到类似情况。 根据TrendForce数据，截止2025年第三季度，全球内存价格同比上涨171.8%。而同期国际金价涨幅不过110%。难怪网友说，内存条已经从"配件"变成 了"金条"。 那么，为什么内存条会突然涨成这样？原因并不复杂。小事哥认为，这波内存价格的上涨，归根结底是因为供需两端的严重失衡造成的。 在需求端，AI产业正经历一场爆发式增长。与普通服务器相比，一台AI服务器的内存需求高达8倍。随着AI技术和应用场景快速扩张，这直接挤压了消费 级内存的供应，使原本相对充裕的消费市场变得一片狼藉，供 ...

智通财经APP获悉，Counterpoint Research发文称，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。在 AI 与服务器容量需求持 续激增的推动下，供应商议价能力已达到历史最高水平。预计 2025 年 Q4 存储价格将飙升 40%–50%;2026 年 Q1 还将再涨 40%–50%，2026 年 Q2 预计再 上涨约 20%。 冲击 1,000 美元关口：今年内价格若攀升至 1,000 美元(约合 1.95 美元/Gb)也并不令人意外，这一价格几乎是 2018 年高点(1.00 美元/Gb)的两倍。 物料清单(BoM)成本结构性转变 存储价格的持续上涨正在从根本上改变硬件制造商的 BoM： 智能手机影响：2025 年，存储在 iPhone 17 Pro Max 的 BoM 中占比已超过 10%，相较于 2020 年 iPhone 12 Pro Max 的约 8% 明显跃升。对于搭载 16GB– 24GB LPDDR5X 内存及 512GB–1TB UFS 4.0 存储的旗舰机型，在当前价格上涨背景下，存储成本可能占 BoM 的 20% 甚至更高。 成熟技术挤压：随 ...

Core Viewpoint - The storage market has entered a "super bull market" phase, surpassing historical highs from 2018, driven by the increasing demand for AI and server capacity. Supplier bargaining power has reached an all-time high, with storage prices expected to rise significantly in the coming years [4]. Price Trends - The price of 64GB RDIMM storage has surged from $255 in Q3 2025 to $450 in Q4 2025, with expectations to further increase to $700 by March 2026. A price point of $1,000 (approximately $1.95/Gb) within this year is plausible, nearly double the 2018 peak of $1.00/Gb [5]. Cost Structure Changes - The ongoing rise in storage prices is fundamentally altering the Bill of Materials (BoM) for hardware manufacturers. Although capital expenditures are increasing, the supply-demand gap remains, with DRAM production expected to grow by 24% year-on-year in 2026 [6]. Smartphone Impact - By 2025, storage will account for over 10% of the BoM in the iPhone 17 Pro Max, up from about 8% in the iPhone 12 Pro Max in 2020. For flagship models with 16GB–24GB LPDDR5X memory and 512GB–1TB UFS 4.0 storage, the storage cost may exceed 20% of the BoM due to current price increases. The supply of older technologies like LPDDR4 and eMMC is rapidly shrinking as leading manufacturers shift production to more profitable server DDR5 storage [10].

Core Viewpoint - The article discusses the changing nature of the Chinese New Year celebrations, highlighting the financial pressures on individuals and the commercialization of the holiday, while promoting Pinduoduo's subsidies and discounts for purchasing New Year goods [2][21]. Group 1: New Year Spending Trends - The article notes that the New Year has transformed from a joyful celebration into a financial burden for many, with individuals feeling pressured to spend excessively on gifts and goods to maintain social status [2][4]. - It emphasizes the concept of "keeping up appearances" during the New Year, where individuals buy expensive gifts despite financial constraints, leading to feelings of regret [4][18]. Group 2: Pinduoduo's Offerings - Pinduoduo launches a "100 Billion Subsidy New Year Goods Festival" starting January 8, offering significant discounts on a wide range of products, including food, beverages, and gifts [2][21]. - The article highlights specific products available at discounted prices, such as 4 barrels of Lu Hua peanut oil for 52 yuan, which is over 100 yuan cheaper than supermarkets [8]. - It mentions the availability of popular snacks and beverages, like Xu Fu Ji chocolates and Coca-Cola, at competitive prices, reinforcing the value proposition of Pinduoduo [8][9]. Group 3: Personal Rewards and Gifting - The article suggests that the New Year is also a time for self-reward, with mentions of high-end products like the iPhone 17 being offered at discounted prices, such as 5,099 yuan for the base model [11]. - It discusses the importance of thoughtful gifting, recommending items like the "Xiao Xian Dun" bird's nest gift box and "Sea Blue Mystery" skincare set as ways to convey care and social status without overspending [18][19]. - The article also highlights the appeal of toys like LEGO for children, which serve as both entertainment and educational tools, making them suitable gifts for the New Year [19][20]. Group 4: Consumer Empowerment - The article emphasizes that consumers can choose between high-end and budget-friendly options on Pinduoduo, allowing them to make informed decisions without succumbing to social pressures [22]. - It concludes by stating that the New Year should not be a financial burden but rather a time for relaxation and enjoyment, with Pinduoduo's subsidies making it easier to celebrate without overspending [21][22].

摘要 风险提示 芯片制程发展与良率不及预期 中美科技领域政策恶化 智能手机销量不及预期 敬请参阅最后一页特别声明 1 - 本周，受节假日因素影响，聊天助手类应用活跃度普遍回落，其中 Kimi 降幅较为显著。行业动态方面，数据与 生态整合加速，微软收购 Osmos 优化 Fabric 平台数据流程，Snowflake 以 10 亿美元收购 Observe 布局 AI 可观 测性；谷歌 Gmail 全面集成 Gemini3 模型重塑邮件体验；阿里高德发布世界模型 FantasyWorld，登顶 WorldScore 榜单并落地低成本 3D 街景生成功能。 - 2025 年 11 月，中国智能手机销量达到约 2600 万台，同比上升约 10%。苹果、小米、华为、荣耀、OPPO 以约 23%、15%、14%、13%、12%的份额排名前五。具体型号方面，苹果 iPhone 17 Pro Max 销量排名第一，iPhone 17、iPhone 17 Pro 排名第二、第三。11 月国内 PC 市场销量有所回暖，台式机销量约为 152 万台，同比上升约 7%。笔电销量约为 195 万台，同比上升约 4%。 | 海外市场行情 ...

Group 1 - The global DRAM market is experiencing a significant price increase, described as the "strongest" price surge in history, with most categories seeing price increases of over 100% since July 2025 [3] - DDR4 and DDR5 memory prices have increased 2-3 times within the year, and the price increase is accelerating as 2026 approaches [3][4] - Industry insiders believe that the current price cycle has not yet reached its peak, indicating further potential for price increases [3] Group 2 - The memory price surge is primarily driven by explosive demand from the AI industry, which requires 8-10 times more storage chips than standard servers, consuming 53% of global monthly production capacity [6] - Major memory manufacturers, including Samsung, SK Hynix, and Micron, are reallocating resources towards high-margin products like HBM and DDR5, leading to a strategic reduction in DDR4 production [7][8] - The HBM market is experiencing explosive growth, with prices increasing over 30%, and manufacturers are facing supply shortages [8] Group 3 - The rising memory prices are expected to impact smartphone production costs significantly, with memory accounting for 10% of the Bill of Materials (BoM) for the iPhone 17 Pro Max, up from 8% for the iPhone 12 Pro Max [10] - Counterpoint forecasts a 2.1% decline in global smartphone shipments in 2026 due to rising storage costs, leading to potential price increases or reduced specifications for smartphones [10] - Major manufacturers like Micron, Samsung, and SK Hynix have announced price increases for various memory products, with Micron's prices rising by approximately 20% and Samsung's mobile DRAM prices increasing by 15%-30% [10]

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ "一盒100根DDR5（一种计算机内存规格）服务器内存，价格接近500万元，已超过上海不少房 产。"2026年年初，存储行业价格继续飙升成为外界最热议的话题之一。 这一轮强势涨价与以往不同，当前存储行业的供需严重失衡主要由全球人工智能（AI）算力需求激增 导致。 事实上，自2022年11月ChatGPT诞生引发生成式人工智能热潮并推动全球竞相建设人工智能数据中心以 来，全球存储巨头三星、海力士和美光等不约而同地将大量晶圆产能转向HBM（高带宽内存，主要为 满足图形处理器芯片需求）和DDR5生产，这直接挤压了包括DDR4等在内成熟制程的产能空间，供给 的急剧收缩与庞大的存量需求之间产生了尖锐矛盾，也给手机、PC（个人电脑）、汽车等终端厂商带 来巨大的成本压力。 "虽然存储涨幅比较大，但对云服务厂商（以下简称"云厂商"）来说还是比较能接受的，云厂商认为建 设算力是刚性需求，不然未来几年就掉队了，这样的思维方式在北美的几个云服务厂商中特别明显，因 此它们目前在存储的采购上仍然积极追加订单。"TrendForce集邦咨询（以下简称"集邦咨询"） ...

2026年伊始，众多企业陆续启动年度盛会，除了常规的业绩回顾与战略部署外，最令员工翘首以盼的莫 过于年会抽奖环节。近日，一家知名游戏公司公布的年会奖项设置引发广泛关注，因其奖品丰厚程度超 出常规，且实现全员中奖。 奖池中还涵盖多款热门数码设备，包括ROG与Xbox联合推出的Xbox Ally X掌机、索尼最新发布的PS5 Pro主机以及新一代Switch2游戏机，进一步丰富了奖品选择。尤为引人注目的是"阳光普照奖"，每位正 式员工均可从AirPods Pro第三代、LA MER经典护肤套装、大疆最新推出的Osmo Nano可穿戴相机及戴 森V8无线吸尘器中任选其一，确保人人有奖、全员覆盖。此外，实习生也未被遗漏，每人将获得 AirPods4耳机一副，体现企业对全体成员的平等关怀。 奖池中还涵盖多款热门数码设备，包括ROG与Xbox联合 推出的Xbox Ally X掌机、索尼最新发布的PS5 Pro主机以 及新一代Switch2游戏机，进一步丰富了奖品选择。尤为 引人注目的是"阳光普照奖"，每位正式员工均可从 AirPods Pro第三代、LA MER经典护肤套装、大疆最新 推出的Osmo Nano可穿戴相机及 ...

中新网1月6日电(记者 吴家驹)1月6日，记者发现，苹果官网已上架一款马年主题手机保护壳，售价449元，适配iPhone Air、iPhone 17、iPhone 17 Pro和 iPhone 17 Pro Max。据苹果官网介绍，这款手机保护壳以骏马的灵动感与生命力为灵感，采用粉色、红色、橙色和黄色的鲜明渐变设计。 然而，这款手机保护壳在网上也引发了争议，有网友质疑其定价过高，也有网友认为其并不好看。 图自苹果官网 ...

【ZOL中关村在线原创行业观点】2025年，华为继续在全球科技领域扮演着关键角色。根据凯度BrandZ 榜单显示，华为品牌价值已达近647亿美元，全球排名大幅跃升至第39位。与此同时，华为继2024年后 再次蝉联《时代》周刊"全球百大最具影响力企业"。 2025年更是华为在压力中深化战略布局、实现核心业务爆发增长的实战之年。在消费者业务领域，随着 鸿蒙操作系统独立生态的持续推进，手机、穿戴、电脑及全屋智能等全场景业务保持全面增长；同时， 以鸿蒙智行为代表的汽车业务也正展现出强劲的发展势头。 从历经低谷到重回行业之巅，华为凭借数十年如一日的技术积累与研发投入，不断推动核心技术走向自 主可控，并最终沉淀为"软硬芯云"协同发展的系统化竞争力，正是靠着这份"向下扎根、向上生长"的战 略定力，使华为即便面对复杂的外部环境，依然具备不断拓展技术边界、回应真实需求、持续向上突破 的底气，最终演绎了这个时代下最打动人心的逆袭剧本。 2025年的中国手机市场，正在经历新一轮格局重塑。相关机构数据显示，华为在2025年第48周和第49周 连续两周以27.81%和22.89%的市场份额，稳居中国手机市场第一，重申其在高端与主流市场 ...