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DEEP RESEARCH · MEMORY SPOT PRICES

DDR5 Turns Down After a Long Run: Wait-and-See Demand Suppressed Negotiation Momentum

A research-note rewrite of the December 4, 2025 DRAM and NAND spot-market comments.

Published: 2025-12-04 · Semiconductor memory market check · Mirae Asset Securities semiconductor channel / DRAMeXchange

Investment decisions are your responsibility. This material is research and is not a recommendation to buy or sell.

0. Bottom line first

As of December 4, 2025, DDR5 turned lower. The DRAM product average was +0.7%, but DDR5 Premium vs. DDR4 was -23.3%, and the market tone was dominated by buyer caution and limited trading activity.

Daily memory spot price imageMirae Asset Securities semiconductor channel thumbnail

Official fact: The source states DRAM product average +0.7%, DDR5 Premium vs. DDR4 -23.3%, and NAND as weekly pricing only. The stated source is DRAMeXchange.

Interpretation: Suppliers offered room for negotiation, but buyers remained cautious. Price flexibility did not translate into active transactions, which I read as a sign of weak short-term demand conviction.

Spot-market flowPrice adjustment alone did not revive trading
DRAMProduct average +0.7%
DDR5Premium vs DDR4 -23.3%
NANDWeekly quotes only
TradingBroadly limited
Buyer wait-and-see behavior absorbed supplier negotiation room.

1. DRAM comment

The source says the wait-and-see sentiment remained strong. Although suppliers offered room for negotiation, buyers stayed cautious, and overall transaction levels remained sluggish.

2. NAND comment

NAND had weekly quotes only. Low-priced eMMC saw sporadic inquiries, but suppliers maintained target prices, leaving both sides unable to reach consensus and keeping transaction activity limited.

3. Watch points

  • Whether the DDR5 premium versus DDR4 narrows further or recovers.
  • Whether supplier negotiation room converts into actual transaction volume.
  • Whether low-end eMMC inquiries broaden into wider NAND demand recovery.

Sources

Naver original