Goldman Sachs top tech expert Sean Johnstone pointed out in a report that the market is debating room for memory prices to rise. The bullies believe that HBM and DRAM orders have been scheduled until 2027, and the long-term agreement has set a price bottom line, which means that memory still has 70% to 80% profit margin. Bears, on the other hand, analyzed that the “second-order derivative” of memory prices has turned negative, which means that the rate of memory growth has slowed down, may peak in the second or third quarter of next year, and turn slightly lower later. Furthermore, the memory industry's profit margin of up to 80% is prompting customers to redesign their chips, which could affect the balance between supply and demand for memory.

Goldman Sachs top tech expert Sean Johnstone pointed out in a report that the market is debating room for memory prices to rise. The bullies believe that HBM and DRAM orders have been scheduled until 2027, and the long-term agreement has set a price bottom line, which means that memory still has 70% to 80% profit margin. Bears, on the other hand, analyzed that the “second-order derivative” of memory prices has turned negative, which means that the rate of memory growth has slowed down, may peak in the second or third quarter of next year, and turn slightly lower later. Furthermore, the memory industry's profit margin of up to 80% is prompting customers to redesign their chips, which could affect the balance between supply and demand for memory.