DRAM prices surged 90-95%, memory suppliers booked two years out

""DRAM contracts this month, quarter over quarter were up 90 to 95%. We still have massive demand. And you look at companies supplying memory, for example, they're sold out for the next two years.""

""The gap between the demand and supply for all of DRAM, including HBM, is really the highest that we have ever seen.""

""Micron guided to revenue of $18.70 billion with non-GAAP EPS of $8.42 and non-GAAP gross margins of 68% - all projected records.""

""CEO Gary Dickerson projected semiconductor equipment business growth over 20% in calendar 2026.""

The memory semiconductor market is experiencing a significant supply-demand imbalance, with DRAM contracts showing a 90-95% increase. Micron Technology reported record DRAM revenue of $10.8 billion in Q1 2026, driven by tight supply and increased prices. The company anticipates continued growth, projecting Q2 FY2026 revenue of $18.70 billion. Equipment suppliers like Applied Materials and Lam Research also reported strong performance, confirming the ongoing demand for semiconductor equipment. Analysts believe the recent stock pullback is unwarranted given the robust market conditions.

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