EE Times points out that as the number of players in the DRAM market has decreased to just three major players this formerly tumultuous market is now enjoying a state of stability. In the past there were quite wild swings in the supply and demand balance but this seems to be a thing of the past as the market matured:
"DRAM is going to remain stable because you have mature, rationale companies that all understand the market. They all understand the trade-offs and they are going to make the wisest financial decisions," says Mike Howard, DRAM and memory analyst with market research firm IHS. "The end-game for DRAM for years has been if we can get down to three players, everyone will make money."
There's plenty to go around. Worldwide DRAM revenue in 2013 rose 32.5%, to $35 billion, and is expected to increase 19.4%, to $41.8 billion this year, with slower, but still robust growth of just 2%, to $42.5 billion in 2015, according to IHS estimates.