World DRAM revenue up 369% year-over-year… Samsung Electronics market share 38%

Global DRAM revenue hit a record in Q3 2026, surging 369% year-over-year to nearly $200 billion, according to Counterpoint Research's Global Memory Tracker, even as bit shipments grew only about 4%, underscoring how pricing rather than volume drove the increase. Samsung Electronics ($005930) held the top DRAM revenue share at 38%, down one percentage point from the 39% reported for Q2, while SK Hynix ($000660) grew DRAM revenue more than 40% quarter-over-quarter and recovered part of the share it lost earlier this year. The results matter because they confirm an unusually sharp memory upcycle concentrated in revenue and pricing rather than unit demand. Watch next for whether shipment growth catches up with the revenue surge and whether Samsung can defend its revenue lead as SK Hynix regains ground.