Q3 update: Global DRAM revenue jumped 30.9% QoQ to $41.4B, driven by higher contract prices, increased bit shipments, and growing HBM volumes. Micron led growth with 53.2% QoQ revenue increase, while Samsung and SK Hynix also saw strong gains. Inventories are tight, and TrendForce forecasts Q4 contract prices to surge 50–55%, confirming a strong upward cycle across DRAM and HBM markets.