India, June 20 -- Yole Group announced its latest market and technology analysis: Status of the Memory Industry Report 2025. This new edition highlights the resurgence of the memory market, underpinned by surging AI workloads and a strategic shift toward HBM, even as global trade tensions threaten to disrupt supply chains.

After the historic downturn of 2022-2023, the memory industry has entered a phase of strong recovery. In 2024, memory revenue reached a record $170 billion. This rebound was fueled by AI training requirements in data centers, with HBM playing a pivotal role due to its premium pricing and performance advantages.

In April 2025, the US imposed sweeping tariffs on countries with trade surpluses, reigniting global trade te...