[Meritz Securities: Server DRAM Spot Prices Surge Again, Memory Stocks May Repeat February's Rally] BlockBeats News, July 20, Meritz Securities' research report pointed out that server DRAM spot prices have recently skyrocketed, exceeding $3,100, representing a 146% premium over the end-of-June contract price of $1,380. The main driving factors include demand from sovereign AI projects in countries like Saudi Arabia, testing needs for new AI data centers, and extremely tight supply from vendors. Meritz Securities emphasized that the gap between spot prices and contract prices is a key indicator, with spot prices rising sharply since mid-July due to surging AI demand. Meritz Securities believes the current situation is similar to the sudden order surge in the server market in January this year and predicts that contract price increases following hyperscalers' earnings reports could drive a rebound in memory stocks.