Samsung, SK Hynix, and others are contributing to GDDR7, and institutions predict that the growth rate of the graphics storage market can reach 7.6%
According to BusinessKorea, as the global gaming market continues to grow, Samsung, SK Hynix, and Micron are all increasing their efforts to develop GDDR7 graphics memory for next-generation gaming graphics cards.
According to a report released on August 27th by American market research firm Industry Growth Insights, the GDDR graphics storage market is expected to grow from $3.2 billion in 2018 to $4.8 billion by 2030, with an average annual growth rate of 7.6%. The graphics memory chips used in high-end graphics cards such as GDDR6 are expected to achieve double-digit growth annually.
Although the current performance of GDDR graphics memory is not as good as HBM's high bandwidth memory, due to cost considerations, GDDR will still be widely used in most game graphics cards in the future.
The gaming graphics card market has always been the main revenue driver for Nvidia. According to the latest financial report, Nvidia's gaming revenue increased by 21.7% in the previous quarter, reaching $2.486 billion.
From the situation of the three major original factories in South Korea, Samsung announced the development of the GDDR7 chip in July 2023 and provided samples to Nvidia. The product uses pulse amplitude modulation (PAM3) signaling method, increasing the bandwidth per pin from 24Gbps to 32Gbps, with a total bandwidth of up to 1.5TB/s.
Micron announced that it will officially launch GDDR7 in 2024, adopting 1 β Manufacturing of process nodes. SK Hynix plans to complete the development of GDDR7 by 2023.