Jukan(@jukan05):Meritz Securities: Some mobile DRAM prices are expected to surge +50% in 1Q27. Full comment: The race toward AGI is driving competitive, structural growth in server demand. Even so, B2C applications led by smartphones remain the last segment still resisting price increases. Our channel checks, however, indicate that mobile memory prices for a key customer (Apple) will rise by a staggering 50% or more QoQ starting in 1Q27, as memory makers keep shifting production from LPDDR to server DRAM and HBM. The key customer is building its 20th anniversary flagship smartphone next year, so it will have to absorb the price surge. $AAPL $DRAM

2026.10.06 23:54

Meritz Securities: Some mobile DRAM prices are expected to surge +50% in 1Q27. Full comment: The race toward AGI is driving competitive, structural growth in server demand. Even so, B2C applications led by smartphones remain the last segment still resisting price increases. Our channel checks, however, indicate that mobile memory prices for a key customer (Apple) will rise by a staggering 50% or more QoQ starting in 1Q27, as memory makers keep shifting production from LPDDR to server DRAM and HBM. The key customer is building its 20th anniversary flagship smartphone next year, so it will have to absorb the price surge. $AAPL $DRAM