存储半导体月度报告 - 2025 年 12 月版：行情加速升温-Memory Semis Monthly-December '25 Edition Going into overdrive

ab 11 December 2025 Global Research Memory Semis Monthly December '25 Edition: Going into overdrive 4Q25 and 1Q26 DDR contract pricing could be much stronger than expected With 4Q25 memory contract pricing negotiations now completed, we revise up our forecast for DDR contract pricing to +35% QoQ (was +21%), and for NAND +20% (was +15%). We believe customers are trying to secure 1Q26 contract pricing in earnest, with further potential upside. We now forecast blended 1Q26 DDR contract pricing to increase 30% ...