Memory makers post record 2Q26 revenue on triple-digit growth

The record revenue DIGITIMES describes for the second quarter of 2026 continues a run of triple-digit year-over-year growth for major memory suppliers. The body ties this demand surge to AI workloads, which are pulling SSDs and LPDDR to the center of competition among suppliers. In response, the largest players are directing their capacity expansion toward DRAM wafer fabs and HBM packaging rather than spreading investment evenly across product lines.

On the product side, the transition to newer standards is already underway. Major suppliers began volume production of PCIe Gen6 SSDs in 2026, and LPDDR6 is expected to enter production in the second half of 2026. SK Hynix's move to set up its first US production site also points to the US becoming a more important location for memory investment, though the body does not give a date or dollar figure for that site.

Whether the third-quarter expectation of sustained triple-digit growth holds will likely depend on AI server demand remaining strong through the period, and on whether the PCIe Gen6 SSD and LPDDR6 timelines slip. The body does not specify which suppliers might gain or lose share if either condition changes.