Memory chip makers rise; report says Nvidia move may double prices

Shares of memory chip makers rise premarket

Seagate Technology STX.O up 0.72%; Micron Technology MU.O adds 2.8%

SanDisk SNDK.O rises 1.87%; Western Digital WDC.O advances 1.06%

Report from Counterpoint Research says Nvidia’s NVDA.O switch to smartphone-style LPDDR memory for AI servers could double server-memory prices by late 2026

Low-power Double Data Rate (LPDDR) is a type of computer memory designed to use less power than standard DDR (Double Data Rate) memory

Counterpoint says NVDA's move to LPDDR to cut power costs will create sudden demand the industry cannot easily absorb

Each AI server needs far more LPDDR chips than a handset, making Nvidia a customer on the scale of a major smartphone maker — a “seismic shift” for supply chains

Counterpoint expects server-memory prices to double by end-2026, raising costs for cloud providers and AI developers