DRAM contract prices forecast to grow only 13-18% in Q3

The relentless rise in memory prices may finally be losing steam, as PC and smartphone buyers reach the limits of what their budgets will allow them to pay. Taiwanese market watcher Trend Force estimates that rising DRAM contract prices drove a 59.5 percent quarter-on-quarter jump in industry revenue to $154.73 billion in calendar Q2. The analyst now expects conventional DRAM contract price growth to "moderate" to 13 to 18 percent quarter-on-quarter in Q3.