Samsung will hike NAND Flash memory chip prices over 100% in the 1st quarter following negotiations with clients, media report, noting SK Hynix and SanDisk have also raised, or are expected to raise prices amid strong demand. The price hikes suggest an industry situation far tighter than thought, as market researcher TrendForce had only forecast a 33%-38% increase for the quarter. The shortage was caused by strong demand for eSSDs used in AI data centers, rising storage specs in consumer devices, and conservative capacity expansion among chip makers over the past few years. $Sandisk(SNDK.US) $Micron Tech(MU.US) $SSNLF $HXSCL #Samsung #SKhynix #semiconductors
Source: Dan Nystedt
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