NAND Flash spot prices mostly flat week-over-week (10/5 → 10/12). TLC 512Gb & MicroSD unchanged. eMMC and SLC slightly lower. Only MLC ticked up. Consumer spot remains range-bound as module makers sit on inventory, while enterprise/AI demand stays the real driver. #NANDFlash# #Memory# #TrendForce# #Semiconductors#

$MU NAND flash revenue up 99.2% QoQ overtaking Kioxia👇🏽 Micron’s market share in NAND flash by revenue rose to 15.1% in the second quarter from 13.9% in the first quarter, according to Trendforce. That meant it overtook Japan’s Kioxia to take third place by revenue, behind Samsung Electronics and SK Hynix .  “Micron…benefited from a significant increase in ASPs [average selling prices], with NAND Flash revenue reaching $11.85 billion, up 99.2% QoQ—the highest growth rate among the top five brands,” Trendforce analysts wrote. -Barrons

CXMT is preparing a NAND flash R&D production line at its new Beijing plant, potentially putting China’s top DRAM maker into direct competition with Samsung, SK Hynix, Micron $MU and domestic rival YMTC. CXMT has already discussed the plans with customers, including a startup looking to use its NAND chips in storage systems for AI and supercomputing. It is not yet clear when production will begin or whether CXMT will move from R&D and trial runs into large-scale commercial manufacturing. CXMT raised $8.6B in July in Asia’s largest IPO of 2026 and is also planning a second memory-chip plant in Beijing. Source: Reuters

China’s DRAM Leader CXMT Reportedly Plans NAND R&D Line, Could Challenge Samsung, SK hynix and YMTC From TrendForce: "China’s memory chip makers may be looking beyond their traditional strongholds. According to Reuters, sources say CXMT is preparing to enter the fast-growing NAND flash market, putting the DRAM maker in competition with both global leaders such as Samsung Electronics and domestic rival YMTC. Notably, CXMT is said to have already discussed its NAND plans with potential customers. The report notes that these include a newly established startup that intends to purchase CXMT’s NAND chips for storage products used in AI systems and supercomputers. CXMT reportedly plans to establish an R&D production line for NAND flash memory at its new plant in Beijing. The company has also set up a research institute in the Chinese capital, with NAND development among its projects. However, it remains unclear when the R&D line will begin operating or whether CXMT plans to move beyond research and trial production into large-scale commercial manufacturing, the report adds. CXMT would be entering a NAND market largely dominated by established global players. According to TrendForce, Samsung led the market in 2Q26 with a 29.3% share, followed by SK hynix at 18.2% and Micron at 15.1%. By comparison, TrendForce notes that CXMT has been gaining ground on global leaders in its core DRAM market, ranking fourth in 2Q26 with a 9.5% share, behind Samsung at 39.4%, SK hynix at 24.9%, and Micron at 23.3%."

Reuters: CXMT plans to build a NAND flash research line in Beijing CXMT has discussed its NAND plans with several potential customers, including a newly established startup looking to purchase NAND chips for storage products used in AI systems and supercomputers. It remains unclear when the R&D production line will begin operating, or whether CXMT plans to move from R&D and trial production to large-scale commercial manufacturing.

Kioxia, a major Japanese NAND flash memory maker and $SNDK's longtime manufacturing joint-venture partner, issued its Q3 (Oct–Dec) outlook: 🔹 Revenue: $15.9B (Est. $18.6B) 🔴; +1% QoQ 🔹 Oper Profit: $12.7B (Est. $14.9B) 🔴 🔹 Net Profit: $8.6B (Est. $10.2B) 🔴 🔹 EPS: $5.41 (Est. $6.65) 🔴 🔹 9M: Oper Profit $33.4B / Net Profit $22.6B 🔸 Sees Q3 at about the Q2 level: data-center demand stays strong, but a stronger yen weighs (assumes ¥157/$ vs ¥161 in Q2)

YMTC FILES FOR $4.9B SHANGHAI IPO Chinese NAND flash giant YMTC, a rival to SanDisk $SNDK, plans to raise $4.9B after its listing application was accepted by the Shanghai Stock Exchange. The IPO is set for Shanghai’s STAR Market and would rank among the market’s largest-ever offerings, following fellow Chinese memory maker CXMT’s $9.9B listing.

Biwin has signed a nearly $1.9 billion deal to secure NAND flash memory for the next two years, this suggests the company expects the current memory shortage to last for some time. The company said the agreement is intended to “secure medium- to long-term production capacity and delivery schedules” and to reduce the risk of supply disruptions caused by swings in market supply and demand.