[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"content-doc-dcio96b919c9":3},{"user":4,"document":8,"mainDocument":27,"columnUrl":29,"subscription":30,"footer":42,"text":80},{"isAuthenticated":5,"isAdmin":5,"displayName":6,"avatarUrl":6,"nid":6,"groupLevel":7},false,"",-10,{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":21,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"useContentVideo":5,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},"dcio96b919c9","TrendForce：存储器DRAM产业营收Q2季增59%，供给扩张仍不及需求成长","\u002Fdoc\u002Fdcio96b919c9","col18178739ee","美股资讯","\u002Fcol\u002Fcol18178739ee","\u003Cp>\n\u003C\u002Fp>\u003Cp>\u003Cspan>\u003Cspan>根据\u003C\u002Fspan>TrendForce\u003Cspan>集邦咨询最新存储器产业研究，\u003C\u002Fspan>2026\u003Cspan>年第二季由于\u003C\u002Fspan>Conventional DRAM\u003Cspan>（一般型\u003C\u002Fspan>DRAM\u003Cspan>）合约价显著上涨，推升整体\u003C\u002Fspan>DRAM\u003Cspan>产业营收季增\u003C\u002Fspan>59.5%\u003Cspan>，近\u003C\u002Fspan>1,547.3\u003Cspan>亿美元。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>\u003Cspan>随着\u003C\u002Fspan>LLM\u003Cspan>模型训练、\u003C\u002Fspan>AI\u003Cspan>推理刺激\u003C\u002Fspan>AI Server\u003Cspan>需求，\u003C\u002Fspan>HBM3e\u003Cspan>、\u003C\u002Fspan>LPDDR5X\u003Cspan>和高容量\u003C\u002Fspan>RDIMM\u003Cspan>出货同步成长，\u003C\u002Fspan>Agentic AI\u003Cspan>应用则带动各容量规格的\u003C\u002Fspan>RDIMM\u003Cspan>拉货。供给方面，原厂库存处于谷底、且新增供给优先满足\u003C\u002Fspan>Server\u003Cspan>应用，第二季整体\u003C\u002Fspan>DRAM\u003Cspan>位元出货量小幅成长。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>\u003Cspan>观察影响第三季营收的重要因素，单季位元出货量将持续小量增加，价格则因部分大容量\u003C\u002Fspan>RDIMM\u003Cspan>需求转至中低容量产品，加上\u003C\u002Fspan>PC\u003Cspan>与智能手机客户对涨价的承受能力有限，预估\u003C\u002Fspan>Conventional DRAM\u003Cspan>价格季增幅度缩减至\u003C\u002Fspan>13-18%\u003Cspan>，以原厂大幅收敛供给的\u003C\u002Fspan>Consumer DRAM\u003Cspan>涨幅最高。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>TrendForce\u003Cspan>集邦咨询表示，\u003C\u002Fspan>Samsung\u003Cspan>（三星）因率先导入\u003C\u002Fspan>HBM4\u003Cspan>量产并出货，第二季位元出货量季增幅度居三大原厂之首；且平均销售单价（\u003C\u002Fspan>ASP\u003Cspan>）大幅提升，季度营收达\u003C\u002Fspan>609.8\u003Cspan>亿美元，季增\u003C\u002Fspan>63.4%\u003Cspan>，以\u003C\u002Fspan>39.4%\u003Cspan>的市占率排名第一。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>\u003Cspan>营收第二名为\u003C\u002Fspan>SK hynix\u003Cspan>（\u003C\u002Fspan>SK\u003Cspan>海力士），由于其\u003C\u002Fspan>HBM\u003Cspan>占公司整体出货位元比重为三大原厂中最高，\u003C\u002Fspan>ASP\u003Cspan>增幅受限，第二季营收季增\u003C\u002Fspan>37.9%\u003Cspan>，上升至\u003C\u002Fspan>385.9\u003Cspan>亿美元，市占则小幅下滑至\u003C\u002Fspan>24.9%\u003Cspan>。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>Micron\u003Cspan>（美光）在产能受限下，产品组合持续偏向高单价的\u003C\u002Fspan>Server DRAM\u003Cspan>，第二季营收季增达\u003C\u002Fspan>65.5%\u003Cspan>，上升至\u003C\u002Fspan>360\u003Cspan>亿美元，市占率也略微成长至\u003C\u002Fspan>23.3%\u003Cspan>。\u003C\u002Fspan>TrendForce\u003Cspan>集邦咨询指出，三大原厂\u003C\u002Fspan>2026\u003Cspan>至\u003C\u002Fspan>2027\u003Cspan>年主要通过加速升级先进制程以提高位元供给，投片规模的扩张则借由优化生产流程、收购洁净室，以及从其他产品线调动洁净室空间达到小幅上修。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>\u003Cspan>相对而言，\u003C\u002Fspan>Nanya\u003Cspan>（南亚科）、\u003C\u002Fspan>Winbond\u003Cspan>（华邦电子）、\u003C\u002Fspan>PSMC\u003Cspan>（力积电）等厂商主攻成熟制程产品，第二季动能持续由前三大厂商转换制程后无法满足的需求支撑。\u003C\u002Fspan>Nanya\u003Cspan>的\u003C\u002Fspan>DDR4\u003Cspan>、\u003C\u002Fspan>DDR3\u003Cspan>合约价显著提高，整体营收季增达\u003C\u002Fspan>68.3%\u003Cspan>，来到\u003C\u002Fspan>26.12\u003Cspan>亿美元。\u003C\u002Fspan>Winbond\u003Cspan>营收则季增\u003C\u002Fspan>75.8%\u003Cspan>，成长至\u003C\u002Fspan>9.98\u003Cspan>亿美元。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>PSMC\u003Cspan>营收计算以其生产的\u003C\u002Fspan>Consumer DRAM\u003Cspan>产品为主，第二季来到\u003C\u002Fspan>1.15\u003Cspan>亿美元，季增幅高达\u003C\u002Fspan>167.8%\u003Cspan>。若加上代工营收，则季增\u003C\u002Fspan>54%\u003Cspan>。预计待其取得\u003C\u002Fspan>Micron\u003Cspan>制程技术授权后，将积极启动下一波供给扩张。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>\u003Cspan>相关美股\u003C\u002Fspan> MU\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003C\u002Fp>","https:\u002F\u002Fwww.tradesmax.com\u002Fimages\u002Fa_Stock\u002FM\u002FMU\u002FMU.jpg","2026-09-07T15:01:23","2026.09.07","2026\u002F09\u002F07",51859,[22],"MU","Article",0,"免费","success",{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":28,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"useContentVideo":5,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},[22],"\u002Fcol\u002Fstocknews",{"visible":5,"marketingHtml":31,"services":32,"recentDocuments":41},"\u003Cfigure class=\"image\">\u003Ca href=\"https:\u002F\u002Fstockwe.com\u002Fdoc\u002Fdcio537efad5\" rel=\"noopener noreferrer\">\u003Cimg src=\"\u002Fimg\u002Fstockwewebfiles\u002Fweb-202408-stk\u002F1586109431mceclip0.jpg\">\u003C\u002Fa>\u003C\u002Ffigure>\u003Cdiv class=\"text-center\">\u003Ch2 class=\"card-title mx-auto\">\u003Cbr>\u003Ca rel=\"noopener noreferrer\" 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buy@TradesMax.com 美国电话 626-378-3637","公司介绍","\u003Cp class=\"MsoNormal\">美股大数据 \u003Ca href=\"https:\u002F\u002Fstockwe.com\" rel=\"noopener\">StockWe.com\u003C\u002Fa> 是一个美国领先的金融和美股信息大数据提供商，紧盯华尔街金融市场和行情，2008年成立于美国硅谷，创始人是前纽约证券交易所资深分析师Ken，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化交易模型，每天处理海量股票数据：挖掘潜力大牛股，捕捉期权异动大单，实时主力资金流向、机构持仓变化、川普突发新闻，美股买卖信号第一时间发到您手机APP。\u003C\u002Fp>","专业美股投资者都在这里",{"loading":81,"search":82,"searchPlaceholder":82,"hotContent":83,"draft":84,"noData":85,"searchNoData":86,"courseContent":87,"more":88,"buyNow":89,"subscribeNow":90,"encoding":91,"paidContent":92},"Loading...","搜索","热门内容","草稿","目前没有任何内容公布","当前检索内容没有数据","课程内容","更多","立即购买后观看","- 立即订阅 -","视频编码中...","付费内容"]