UBS's latest report indicates that the storage industry is facing an unprecedented tight supply and demand situation. UBS expects the DRAM supply shortage to continue until the first quarter of 2027, with demand for DDR memory expected to increase by 20.7%, far exceeding the supply growth rate. UBS expects that in the fourth quarter of this year, DDR contract pricing will rise 35% month-on-month and NAND flash memory prices will rise 20%, all exceeding previous expectations. In the first quarter of 2026, DDR contract pricing will increase further by 30%, and NAND prices will increase by 20%. In addition, the bank also raised target stock prices for leading storage manufacturers such as SK Hynix and Samsung Electronics.

UBS's latest report indicates that the storage industry is facing an unprecedented tight supply and demand situation. UBS expects the DRAM supply shortage to continue until the first quarter of 2027, with demand for DDR memory expected to increase by 20.7%, far exceeding the supply growth rate. UBS expects that in the fourth quarter of this year, DDR contract pricing will rise 35% month-on-month and NAND flash memory prices will rise 20%, all exceeding previous expectations. In the first quarter of 2026, DDR contract pricing will increase further by 30%, and NAND prices will increase by 20%. In addition, the bank also raised target stock prices for leading storage manufacturers such as SK Hynix and Samsung Electronics.