The DRAM market rebounded in Q2 2025 to $31.63B as prices firmed, shipments rose, and HBM expanded. SK hynix led, with Samsung and Micron in a shifting market.
RusPhotoBank
In the second quarter of 2025, the DRAM market sprang back to life. Analysts put industry-wide revenue at $31.63 billion, a 17.1% jump from the start of the year. Driving the rebound were firmer contract prices, faster shipments, and the expanding footprint of HBM. The surge signals not only a return of demand, but also a shifting balance of power among suppliers.
The standout of the quarter was SK hynix. By shipping above expectations, the company booked $12.23 billion and secured 38.7% of the global market. Samsung followed with $10.35 billion—up 13.7%—though its share slipped slightly. Micron also advanced, but more modestly: up 5.7% to $6.95 billion, ceding some ground to competitors.
Taiwanese manufacturers, once seen as supporting players, seized the moment. Nanya lifted revenue by more than half, Winbond kept prices steady and increased sales, and PSMC posted explosive growth in its own products. That momentum was fueled by active buying from PC and smartphone makers aiming to clear pent-up demand.
The DRAM market is entering a full-on sprint. Simply defending share is no longer enough; moving quickly to newer process nodes is becoming the real differentiator—otherwise, Asian rivals will occupy the space the giants leave behind.