NAND Flash Wafer Contract Price Sep. 2025

Last Modified

2025-09-30

Update Frequency

Monthly

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PDF

Strong Enterprise SSD demand and tight supply drove NAND Flash wafer prices up in September. Manufacturers prioritized high-margin products amid process conversion, tightening supply. A structural market upturn, not just seasonal, is anticipated for months ahead.

Key Highlights

Key Price Drivers: Surging Enterprise SSD demand, fueled by AI investment and HDD delivery shortfalls. Manufacturers prioritized high-margin products, and process conversion reduced bit output, leading to tight supply.
Market Shift: Module manufacturers transitioned from cautious observation to active procurement, anticipating continued supply tightness and rising prices.
September Price Trends: Mainstream 512Gb, 1Tb QLC/TLC, and Legacy 256Gb all saw increases; MLC experienced significant gains driven by steady small-capacity demand.
Outlook: From October, exploding enterprise demand will rapidly deplete inventory, empowering suppliers in pricing. Market sentiment is warming, indicating a structural upturn with sustained price increases for several months ahead.