Woofun AI reports that Bernstein analysts project mainstream DRAM prices could sustain upward momentum through 2027, following a four- to fivefold surge from the third quarter of 2025 to the second quarter of 2026. Consequently, average selling prices per bit for conventional DRAM have reached parity with, or surpassed, those of High-Bandwidth Memory (HBM). Due to superior bit density and yield rates, mainstream DRAM wafer revenue is estimated to be twice that of HBM this year, generating significantly wider profit margins.

Conversely, Bernstein estimates HBM prices would require a threefold increase to match mainstream DRAM revenue per wafer.

However, manufacturers are likely to restrain aggressive HBM price hikes, recognizing that excessive costs could hinder the broader artificial intelligence ecosystem and ultimately suppress storage demand.