TrendForce research shows AI innovation is fundamentally reshaping the memory market. AI systems demand high-bandwidth, low-latency DRAM for model parameters and inference, while NAND Flash becomes essential for fast data transfer. This shift makes memory a strategic focus for cloud providers.

Memory prices have surged due to limited capacity and escalating AI demand. The market is projected to hit $551.6 billion in 2026, then peak at $842.7 billion in 2027—a 53% annual jump. This growth far outpaces historical trends, driven by AI server deployments.

The boom extends beyond 2027, with DRAM and NAND Flash prices expected to keep rising. AI's evolution from training to agent-based systems requires frequent access to massive vector databases, boosting demand for high-IOPS enterprise SSDs. Suppliers are prioritizing DRAM expansion to meet this demand.