Memory Prices Surge 50% in Q3 2026: AI Demand Locks Up Supply Until 2028
Jefferies predicts DRAM and NAND prices will surge 40% to 50% quarter-over-quarter starting in Q3 2026, with no meaningful relief expected until at least 2028. The crisis is driven by hyperscaler demand for AI infrastructure locking up supply and Chinese producers failing to deliver the anticipated competitive pressure, forcing manufacturers to raise consumer hardware prices significantly.