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Mobile DRAM Prices Set to Nearly Double in Q2 as Contracts Cap Upside Near $21 Per GB

Long-term supply deals fix prices at high levels to keep smartphone costs elevated.

Overview

  • TrendForce, which issued its outlook Monday, projects a 93% to 98% quarter-over-quarter jump in mobile DRAM prices for Q2 2026.
  • Using recent contract prices near $10 per GB as a baseline, LPDDR5 mobile RAM is now expected to cost about $19.3 to $19.8 per GB in Q2.
  • Memory makers and phone brands are signing long-term agreements with a ceiling of about $1,350 and a floor of about $500 per 64GB, equal to roughly $21 and $7.8 per GB.
  • With spot pricing near $19.3 per GB, those contracts leave only about 8.8% room for further increases on covered volumes.
  • Analysts tie the squeeze to chipmakers shifting factories toward high-bandwidth memory for AI servers, which restricts phone-grade DRAM supply and could force OEMs to raise prices, cut RAM in budget models, or accept lower margins through at least late 2027.