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AI boom drives NAND flash revenue up 77% for top 5 firms; Micron climbs to 3rd
🇰🇷 South Korea /Technology

AI boom drives NAND flash revenue up 77% for top 5 firms; Micron climbs to 3rd

From Chosun Ilbo · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

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  • Global NAND flash market grew in Q2 due to increased demand for enterprise SSDs driven by AI data center investments.
  • Samsung Electronics and SK Hynix maintained their first and second market positions, respectively.
  • Micron Technology saw the highest revenue growth among major players, rising to third place.

The global NAND flash market continued its growth trajectory in the second quarter, fueled by escalating investments in AI data centers. This surge in AI infrastructure has directly boosted demand for enterprise Solid State Drives (SSDs), a key component in these advanced computing environments.

Samsung Electronics and SK Hynix solidified their positions as the top two players in the market, maintaining their leading shares. Meanwhile, Micron Technology emerged as a significant gainer, recording the highest revenue increase among the leading companies and climbing to the third spot in the market rankings.

Market research firm TrendForce reported that the top five NAND flash manufacturers collectively experienced a substantial 77% surge in revenue during the second quarter. This remarkable growth underscores the profound impact of AI development on the semiconductor industry, particularly in the memory and storage sectors.

DistantNews Editorial

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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