Morgan Stanley predicts that the DRAM contract price growth rate is expected to peak in the fourth quarter of 2026, and the year-on-year growth rate may drop sharply thereafter. In other words, it is difficult to experience a four-fold increase in a year like before, and storage companies' valuations need to be re-evaluated.

Morgan Stanley predicts that the DRAM contract price growth rate is expected to peak in the fourth quarter of 2026, and the year-on-year growth rate may drop sharply thereafter. In other words, it is difficult to experience a four-fold increase in a year like before, and storage companies' valuations need to be re-evaluated.