TrendForce's latest investigations demonstrate that global DRAM industry revenue reached US$31.63 billion in the second quarter of 2025, up 17.1% QoQ. This growth was fueled by rising contract prices for conventional DRAM, robust shipments growth, and expanding HBM volumes. Inventory digestion at DRAM suppliers accelerated with stronger procurement momentum from PC OEMs, smartphone makers, and CSPs, driving contract prices for most products back into positive territory.

SK hynix posted bit shipments above its targets in 2Q25. However, the higher share of lower-priced DDR4 shipments limited ASP growth. Even so, revenue surged 25.8% QoQ to $12.23 billion, boosting market share to 38.7% and securing the top spot once again.Samsung ranked second, with both ASP and bit shipments edging up. Revenue rose 13.7% QoQ to $10.35 billion, though market share slipped slightly to 32.7%. Micron saw a sharp increase in bit shipments but faced ASP pressure due to its rising DDR4 mix. Revenue grew a modest 5.7% QoQ to $6.95 billion, with market share declining to 22% and placing it in third.

Taiwanese suppliers also delivered strong growth in 2Q25, mainly by filling demand left unmet by the top three players as they shifted production to advanced nodes. Nanya Technology, supported by strong restocking from PC OEMs and consumer clients, saw shipments surge. Despite offsetting ASP declines, revenue still rose 56% QoQ to about $340 million.

Winbond also posted a marked increase in shipments, with stable ASPs helping drive revenue up 24.9% QoQ to $180 million. PSMC, whose revenue counts only self-produced consumer DRAM (excluding contract manufacturing), benefited from aggressive restocking, with revenue soaring 86.4% QoQ to $20 million. Including foundry services, however, PSMC's revenue slipped 2.9% QoQ, as client demand for outsourced production recovered only gradually.