DRAM surging

Q2 DRAM revenues were up 24.8% q-o-q at $22.9 billion, says TrendForce.

Q2 contract prices were up 13%–18%. Samsung saw a 17%–19% ASP with bit shipments also rising leading to revenue growth of 22% to $9.82 billion.

SK hynix saw its bit shipments increase by over 20%—driven by the certification and mass shipment of its HBM3e products—resulting in a revenue increase of 38.7% to $7.91 billion.

Micron’s Q2 revenue rose by 14.1% to $4.5 billion despite a slight decrease in ASP, as bit shipments grew by 15%–16%.

Samsung’s operating margin increased from 22% in the previous quarter to 37%, SK hynix saw a rise from 33% to 45%, while Micron’s operating margin improved from 6.9% to 13.1%,

TrendForce reckons the Q3 contract price increase for conventional DRAM will be 8%–13%.