Counterpoint: global DRAM revenue grows by 369% in Q3

What happened

The Average Selling Price (ASP) has reached $1.9 per gigabit (i.e. Global DRAM revenue has increased by an insane 369% year-over-year thanks to strong demand for the stuff, which goes towards building new AI accelerators and data centers (a building full of computers that runs online services).

The big winner here is South Korea – Samsung is the biggest player with 38% market share, while SK hynix had a 29% share. SK’s revenue grew over 40% quarter-on-quarter, but things are going better for Samsung right now. US-based Micron holds the third spot with 21% share while China’s CXMT was fourth with 9% share.