Goldman Sachs: TrendForce Raises PC DRAM Outlook, Mobile DRAM Faces Inventory Pressure

According to a Goldman Sachs report from August 31, TrendForce has adjusted its Q3 2026 price forecasts: PC DRAM increased to 18-23%, server DRAM remains at 13-18%, and mobile DRAM was lowered to 8-13%. Mobile NAND growth is expected to be 20%. While mobile DRAM demand is currently soft due to high inventories, the 2027 outlook remains positive as suppliers prioritize server DRAM and HBM production. Goldman Sachs maintains 'Buy' ratings for Samsung Electronics and SK Hynix.