硬件领域-专家：DRAM 价格波动对人工智能基础设施的影响-Americas Technology_ Hardware_ Expert Network Series_ Implications of DRAM volatility on AI infrastructure

9 February 2026 | 12:18AM EST Equity Research Bottom line: (1) Robust AI-driven demand & disciplined supplier actions should keep DRAM supply tight & prices elevated for the next ~2 years; (2) AI infrastructure buyers are likely to absorb higher memory costs in order to prioritize on-time GPU deliveries; (3) Beyond constraints in DRAM, several other critical data center physical infrastructure components also face multi-month to multi-year backlogs. Katherine Murphy +1(212)902-1151 | katherine.a.murphy@gs.c ...