A new report from DRAMeXchange notes the contract prices of DRAM memory chips are expected to close 25 percent lower this quarter versus the previous one. The agency notes that due to growing inventory levels, the big three suppliers will continue to use aggressive price strategies in the coming months.
The ASP of 8GB modules, which fell to average US$34 in April, is set to drop further in May and June, said DRAMeXchange. Inventories held by chipmakers continue rising, reflecting "lukewarm trade," DRAMeXchange added.
Prices for server DRAMs, which account for over 30% of total DRAM shipments, are also under downward pressure in the second quarter, DRAMeXchange indicated.