Micron Closes Gap with SK Hynix in DRAM Market Share
Global DRAM revenue reached nearly $155 billion in Q2 2026, up about 60% from the first quarter. Micron Technology's (MU) DRAM revenue surged by approximately 66%, lifting its market share to 23.3%. This places it just 1.6 percentage points behind SK Hynix (SKHY), which held a 24.9% share with $38.6 billion in revenue. Micron's growth outpaced both the industry and its competitors, including Samsung Electronics (SSNLF) at 39.4%. The gap between Micron and SK Hynix has narrowed rapidly from 7.5 percentage points a year earlier to just 1.6 today. While SK Hynix also saw strong sequential growth of about 38%, it was outpaced by Micron's faster expansion. Micron’s market share gain came primarily from conventional DRAM, driven by higher contract prices rather than increased volume. Bit shipments grew modestly and inventories remain at historic lows. Meanwhile, SK Hynix maintained its lead in the high-bandwidth memory (HBM) segment but saw a decline in that area's revenue.
Topics: DRAM memory_chips Micron Technology Samsung Electronics semiconductors SK Hynix