🔥 MLC #NAND# is rapidly fading as major players exit or cap output, tightening supply and driving prices sharply higher. #Samsung# is reportedly shutting down its last 2D NAND line at Hwaseong, with final shipments expected in June.💡More: 🔗

SanDisk $SNDK highlighting its capital efficiency in NAND. From 2021–2025, SanDisk + Kioxia accounted for just 13% of industry NAND capex but produced 29% of total NAND output. That translates to a 223% production-to-capex ratio, well ahead of peers.

$SNDK reports fiscal Q4 after the close today. NAND is in a structural squeeze — undersupply, surging blended ASPs, and enterprise-SSD demand from AI inference. Consensus sees revenue up 40%+ sequentially, and per Bloomberg Research, the actual print could beat consensus by ~8%, with next-quarter guidance potentially topping estimates by 18%. The operating detail: NAND blended ASP rose ~35% QoQ, bit shipments ~15% — both ahead of the 31% and 16% expected. The real focus after the bell is the New Business Model. Three NBM contracts have lifted RPO to $41.6B; with two more expected this quarter, the market is watching whether RPO clears $60B — a sign of how much demand is locked in, not just booked. → NFA. For informational purposes only.

Well, looks like SLC NAND is forcasted to rise up 120-170% for H2 2026 per Trendforce. There's $MU (21%), Kioxia (20%) as largest share, but clearer beneficiaries appears to be: 1. Winbond (2344): ~15% of the SLC NAND market 2. Macronix (2337): ~11% market share 3. SkyHigh Memory via Puya Semi: ~14% market share Given Micron at $1T and others are a bit large relative to SLC NAND TAM. (source: Q1 2026 Winbond presentation/Trendforce).