As Micron noted in its earnings call that tight market conditions are likely to persist beyond 2027, Lenovo is taking a more cautious stance. Wccftech, citing company management, reports that Lenovo sees higher memory pricing as potentially settling into a “new normal” well into 2030 and beyond.

The report, citing Computer Base, notes that at ISC 2026 in Germany, Lenovo presented a slide outlining the current pricing trajectory of DRAM and NAND, highlighting a sharp and sustained upswing across the memory market. According to Lenovo, prices began to accelerate rapidly around late Q3 to early Q4 2025, and have since climbed to levels widely considered unprecedented.

As a result, memory prices are not expected to revert to earlier levels seen in early 2025, or the more normalized pricing environment that preceded the recent surge, the report adds.

Notably, Lenovo’s outlook already assumes that significant new capacity will come online starting around 2028, suggesting supply additions may not be sufficient to reverse the current pricing cycle, Computer Base points out.

The view broadly aligns with remarks from SK hynix Chairman Chey Tae-won, who has previously indicated that supply-demand tightness could persist through 2030, according to TechNews. Against this backdrop, SK hynix is said to be targeting a doubling of wafer capacity by 2030 and a tripling by 2034.

Read more

• [News] Lenovo Reportedly Set for July Price Hikes Across Product Portfolio as Memory Costs Pressure PC Market
• [News] SK hynix Advances DRAM and NAND Roadmap, Targets 3x Wafer Output by 2034, 375-Layer NAND at Year-End

(Photo credit: Lenovo)