Woofun AI reports that Middle Eastern sovereign AI investors, including entities from Saudi Arabia, have commenced negotiations with South Korean memory manufacturers regarding mid-to-long-term storage procurement. This demand surge has triggered upward pressure on server DRAM spot markets, particularly for high-end 6400Mbps products, as competition intensifies between cloud providers and model developers.

Spot prices for 64GB DDR5 server DRAM have surged since mid-July, reaching between $3100 and $3400 recently, marking a 146% increase from the late June contract price of approximately $1380. Meritz Securities projects that Q3 2026 server DRAM contract prices may rise by more than the currently expected 15%, with significant increases anticipated in Q3 and Q4 following flexible Q2 pricing strategies.