March 9, 2026 /SemiMedia/ — Nanya Technology said the global memory market remains out of balance, with demand continuing to exceed supply. The company expects DRAM prices to keep rising this year and sees the tight market lasting until at least the second half of 2028.

According to the company, demand for memory is expanding as artificial intelligence moves from cloud training to edge and inference applications. In areas such as healthcare, the number of control systems and connected devices inside hospitals could grow many times in the coming years, leading to more hardware upgrades and higher demand for memory chips. At the same time, data center operators worldwide are increasing investment to support AI workloads.

Supply growth, however, is moving at a slower pace. Rising demand for HBM used in AI computing is taking up more DRAM manufacturing capacity. Although HBM accounts for only about 10% of total DRAM bit demand, its complex production process can use roughly a quarter of overall capacity.

This shift has reduced output of more traditional products such as DDR4 and LPDDR4, which has contributed to supply shortages in some parts of the market.

Nanya said new memory capacity scheduled for this year and the first half of next year remains limited. The company expects prices in the second quarter to rise further compared with the first quarter, with possible increases later in the year as seasonal demand improves.

Overall, the company believes the DRAM market could remain undersupplied through the first half of 2027, with supply conditions only starting to ease gradually in the second half of 2028.