Samsung Electronics accounted for 39.4% of global DRAM revenue in the second quarter of 2024, increasing its market lead amid rising demand tied to artificial intelligence developments, according to market research firm TrendForce.
Samsung’s DRAM revenue rose 63.4% quarter-on-quarter, from $37.33 billion in Q1 to $60.98 billion in Q2. Its market share increased from 38.5% to 39.4% over the same period.
Fellow South Korean producer SK hynix ranked second with a 24.9% share, down from 28.8% in Q1. Nevertheless, SK hynix’s DRAM revenue grew 37.9% quarter-on-quarter to $38.59 billion.
U.S.-based Micron Technology’s market share rose from 22.4% to 23.3%, and its DRAM revenue increased 65.5% to $36.0 billion.
Overall, global DRAM revenue expanded by 59.5% from $97.01 billion in Q1 to $154.73 billion in Q2. TrendForce attributes the market growth primarily to increased shipments of various memory products.
(This article summarizes TrendForce data and is based on reporting provided with MTI attribution.)
