DRAM 情绪指标：2026 年 1 月-DRAM 合约价格短期上行空间强劲-GS DRAM Sentiment Indicator_ Jan. 2026_ strong near-term upside in DRAM contract pricing

Our DRAM sentiment indicator for January 2026 is pointing in a moderately positive direction (same as December). Notable highlights include: 1) both DDR5 and DDR4 spot pricing are showing strong rally, providing high probability for a strong increase in contract pricing in the near-term, 2) Nanya Tech's December revenue increased by 445% yoy, showing 5 consecutive months of triple-digit% yoy growth with acceleration in growth rate, 3) server ODM yoy revenue growth continues to be solid on the back of rack-l ...