Samsung Drives 20% QoQ Increase in Q3 DRAM Average Selling Price

BlockBeats News, July 3rd, according to South Korean media ZDNET, Samsung Electronics is currently in negotiations with customers with the aim of increasing the third-quarter DRAM ASP by as much as 20% compared to the previous quarter. The price of DRAM has shown a sharp upward trend driven by the active AI infrastructure investment of major global tech companies.

This news may trigger a strong rebound in Samsung and SK Hynix. At the time of writing, SK Hynix is up over 9% and Samsung is up over 8%.