Woofun AI reports that Bank of America identifies an ongoing ASP-driven supercycle in the global memory industry. The bank projects global DRAM revenue will grow 325% year-over-year to $568.8 billion by 2026, while NAND revenue is expected to rise 299% to $323.1 billion. This growth is attributed to price rebounds rather than shipment increases, with DRAM and NAND average selling prices predicted to surge 249% and 238% respectively in 2026.