Q3 2025 Quarterly Market Insights 2 - Flipbook - Page 7
Bottom line & outlook for Q4 2025
Near-term
Medium-term
Strategic
Continued strength in AI/HPC
demand (keeping HBM and
server DRAM tight), ongoing
price improvements for most
DRAM categories in Q3, and
healthier order books for
passive components linked to
infrastructure and automotive.
Trackers pegged DDR5 up in
Q3 and steeper HBM increases,
though forecasts differ for 2026 as
new capacity comes online.
Fab construction announced in
2025 signals capacity expansion in
2026-2028; this should ease some
pricing pressure in memory and
packaging, though timing depends
on ramp execution, geopolitics,
and demand cycles.
Policymakers and industry are
aligned on building resilient,
localised semiconductor
ecosystems (fab, packaging and
supply chain) - a structural trend
that will redirect billions of dollars
in CAPEX and reshape regional
competitiveness for the remainder
of the decade.
Market Insights
7
