Goldman Sachs Report: Q3 Memory Market Trends and Price Forecasts

Goldman Sachs released a memory price tracking report on August 31. TrendForce raised its Q3 2026 PC DRAM price forecast to 18-23%, while maintaining server DRAM growth at 13-18%. Mobile DRAM forecasts were lowered to 8-13% due to high client inventory levels. NAND expectations remain consistent with previous projections. Suppliers continue to prioritize capacity for server DRAM and HBM, limiting supply for other categories. Goldman Sachs maintains a 'Buy' rating for Samsung Electronics and SK Hynix.