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Gathering III · leaf 7 of 12
Memory · DRAM / NAND / HBM

The Memory Cycle: Global Oligopoly and HBM Leadership

Global Memory Architecture — Competitive dynamics, market share, and cyclical swings across DRAM, NAND flash, and High-Bandwidth Memory (HBM).

The plate

Memory · DRAM / NAND / HBM — The Memory Cycle: Global Oligopoly and HBM LeadershipMU DRAM25%MU NAND12%005930.KS DRAM40%005930.KS NAND32%000660.KS DRAM35%000660.KS NAND18%
Plate III.7 Memory exhibits the most violent cyclical swings in the semiconductor sector. Micron (MU) is the sole pure-play memory firm in the SOX index; global HBM and DRAM production is dominated by the three-firm oligopoly of Samsung, SK Hynix, and Micron.

Latest Snapshot

Data file updated
2026-09-29

Memory exhibits the most violent cyclical swings in the semiconductor sector. Micron (MU) is the sole pure-play memory firm in the SOX index; global HBM and DRAM production is dominated by the three-firm oligopoly of Samsung, SK Hynix, and Micron.

What this page answers

This static page is built to answer searches for Memory · DRAM / NAND / HBM. It summarizes the live dataset behind the The Memory Cycle: Global Oligopoly and HBM Leadership panel and links to the full interactive chart.

Memory exhibits the most violent cyclical swings in the semiconductor sector. Micron (MU) is the sole pure-play memory firm in the SOX index; global HBM and DRAM production is dominated by the three-firm oligopoly of Samsung, SK Hynix, and Micron. The data is refreshed by the History of Market pipeline and published as a stable JSON endpoint for research, citation, and AI-agent use.

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Data & Source

GET /api/semi/composition.json — Canonical dataset endpoint.

Exchange closing prices · Company filings · Robert Shiller · FRED · NBER.

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