Key points
Global DRAM supply, demand and S/D ratio, 2011-2031E ｜ S/D ratio -3.8% in 2027E and -3.6% in 2028E, swinging from +0.5% in 2026E
Image source: @pequityresearch
2026-11-09
Citi Sees a -3.8% DRAM Supply/Demand Gap in 2027, -3.6% in 2028
Global DRAM supply, demand and S/D ratio, 2011-2031E ｜ S/D ratio -3.8% in 2027E and -3.6% in 2028E, swinging from +0.5% in 2026E
Image source: @pequityresearch