Simon Chen, Adata's chairman, forecasts DRAM contract prices will climb 20% to 30% in Q3, with NAND flash rising 35% to 40%, driven by sustained AI demand. Chen stated that memory and green power will be the world's two scarcest resources over the next decade, rejecting claims of an AI bubble based on short-term compute utilization. He noted that major memory makers are expanding cautiously, with SK Hynix raising $26.5 billion for HBM and Nanya planning to quadruple capex to $6.2 billion in 2027.
Memory contract prices are set for another significant jump, reinforcing supplier pricing power as AI demand outstrips cautious capacity expansion.