Serenity Reports 2027 DRAM/HBM Capacity Fully Booked Amid Persistent Storage Shortage

Huo Xing Cai Jing reports that on August 4, citing Digitimes supply chain sources, SK Hynix, Micron (MU), and Samsung Electronics have sold out their 2027 DRAM and HBM capacity. Customers are currently only able to secure approximately 60% to 70% of their initial demand. Serenity stated that current storage supply constraints exceed market expectations, and 2027 may enter the “most severe storage shortage phase.” Meanwhile, annual NAND capacity from SanDisk (SNDK), Samsung Electronics, and Micron has also been fully reserved, with Kioxia and SK Hynix expected to complete their capacity allocation by August 2026. Serenity noted that although some market observers previously anticipated a storage surplus by mid-2027, current supply chain data shows that major memory manufacturers have already sold out their capacity ahead of time, leaving supply-demand dynamics still tight. It is understood that capacity allocation quotas between manufacturers and customers are largely finalized, but final product prices will be determined closer to delivery based on market conditions. Ongoing infrastructure development for AI continues to drive demand for HBM and high-end DRAM, which may become a key factor in future storage supply constraints.