NAND Flash Market Bulletin - Jul. 23, 2025

Last Modified

2025-07-23

Update Frequency

Weekly

Format

PDF

The 3Q25 contract market is stalled, with spot demand weak. For 2026, NAND Flash supply and demand are set to soften, driven by economic uncertainty and tariffs, indicating persistent price pressure.

Key Highlights

3Q25 Contract Market: Stalemate persists as suppliers seek price hikes while buyers remain cautious due to inventory; resolution anticipated mid-August.
Spot Market: Demand is flat, prices are softening, and overall transaction sentiment is low as suppliers prioritize inventory reduction.
2026 NAND Flash Outlook: Both supply and demand bit growth are projected to slow. Supply is limited by most vendors' focus on process upgrades, while demand is curbed by tariffs and global economic uncertainty.
Implication: This dual weakness will lead to accumulating price pressure throughout 2026, posing a significant challenge for supplier profitability.