According to reports, Korean industry data shows that the average price of traditional dynamic random access memory and NAND flash memory products reached a record monthly high in July, thanks to strong demand for artificial intelligence. According to data from industry tracking agency DRAmeExchange, the average PC fixed contract price for the benchmark DRAM product rose 14.3% from the previous month to $24, the highest level since the tracker began compiling data in June 2016. According to the data, the price of NAND flash memory also continued to rise, and the average price of the benchmark product broke through the $30 mark last month. Single-layer NAND products rose sharply, and their average sales price rose 35% from the previous month because memory suppliers prioritize production capacity for advanced 3D NAND and advanced manufacturing processes to meet AI-related demand.

According to reports, Korean industry data shows that the average price of traditional dynamic random access memory and NAND flash memory products reached a record monthly high in July, thanks to strong demand for artificial intelligence. According to data from industry tracking agency DRAmeExchange, the average PC fixed contract price for the benchmark DRAM product rose 14.3% from the previous month to $24, the highest level since the tracker began compiling data in June 2016. According to the data, the price of NAND flash memory also continued to rise, and the average price of the benchmark product broke through the $30 mark last month. Single-layer NAND products rose sharply, and their average sales price rose 35% from the previous month because memory suppliers prioritize production capacity for advanced 3D NAND and advanced manufacturing processes to meet AI-related demand.