(PR) Memory Prices Soar; DRAM and NAND Flash to Account for 68% of Major CSP CapEx in 2027

TrendForce reports that DRAM and NAND Flash will account for 68% of major cloud service providers' total CapEx in 2027, up from 47% in 2026, as memory contract prices surge. Server DRAM contract prices rose 64% cumulatively in 2H25 and are expected to jump about 270% in 2026, while enterprise SSD prices rose 35% in 2H25 and are projected to surge 235% in 2026.

According to TrendForce's latest memory industry research, major global cloud service providers CSPs are accelerating AI infrastructure investment, with total CapEx projected to surge 98% YoY in 2026 and rise another 50% in 2027. The rapid increase will be driven in part by soaring memory contract prices and robust procurement demand. TrendForce estimates that DRAM and NAND Flash combined will account for 47% of CSPs' total CapEx in 2026, with their share rising further to 68% in 2027. TrendForce observes that the sharp rise in memory contract prices since the second half of 2025 has significantly increased memory's share of CSP spending. Server DRAM—a key procurement category for CSPs—saw contract prices rise by a cumulative 64% in 2H25, with a further jump of approximately 270% expected in 2026. Meanwhile, a similar trend is unfolding in NAND Flash, with enterprise SSD prices rising by around 35% in 2H25 and projected to surge by a cumulative 235% in 2026.