South Korea's Meritz Securities: Middle Eastern Sovereign AI Investor Begins Discussions with Korean Suppliers for Mid-to-Long-Term Storage Procurement, Anticipating a Quarter 3 DRAM Contract Price Increase of Over 15% MoM

BlockBeats News, July 19th, a report from South Korea's Meritz Securities revealed that, based on channel checks, sovereign AI investors from the Middle East, including Saudi Arabia, have recently begun discussing mid- to long-term storage product procurement plans with South Korean memory chip manufacturers.

With the increasing demand, the server DRAM spot market has started to experience upward price pressure, particularly for high-end products with a bus speed of 6400Mbps. The report suggests that as supply shortages intensify, the investment competition between cloud service providers and cutting-edge model developers is increasingly focused on products that can maximize performance.

The spot price of 64GB DDR5 server DRAM has surged since mid-July, reaching between $3100 and $3400 recently, representing an increase of about 146% from the contract price of around $1380 at the end of June.

Meritz Securities expects that the contract price of server DRAM in Q3 2026 may increase by more than the market's current expectation of about 15%. Suppliers adopting a more flexible and customer-friendly pricing strategy in Q2, the price increase in Q3 and Q4 is expected to be particularly significant.