Global NAND Top 5 Q2 revenue reaches $68.87B, up 77% QoQ

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Release Time: 2026/08/18 07:43:40

Summary

TrendForce data shows the top five global NAND flash vendors earned $68.87 billion in Q2, a 77% increase quarter-over-quarter. Growth was driven by rising demand for AI server SSDs and higher contract prices. Samsung led with $23.06 billion, up 70.7%, while SK Hynix ranked second with $14.27 billion, up 89.5%. Micron surged to third place with $11.85 billion, a 99.2% increase, surpassing Kioxia. Kioxia’s revenue rose 79.9% to $10.72 billion, while SanDisk grew the least at 50.7%. With shifting market dynamics, altcoins to watch may include those linked to hardware demand.

ME AI message: According to TrendForce, the combined revenue of the top five global NAND flash manufacturers reached $68.87 billion in the second quarter of 2026, a 77% quarter-over-quarter increase, driven primarily by surging demand for enterprise SSDs from AI servers and higher contract prices. Samsung Electronics generated $23.06 billion in revenue, up 70.7% quarter-over-quarter, maintaining its number one position; however, due to faster growth among competitors, its market share declined from 31.6% to 29.3%. SK Hynitz generated $14.27 billion in revenue, up 89.5% quarter-over-quarter, holding second place, with its market share rising from 17.6% to 18.2% fueled by expansion of its 321-layer process and growing demand for high-capacity QLC enterprise SSDs. Micron posted the strongest revenue growth among the top five, with a 99.2% increase, reaching $11.85 billion in revenue and increasing its market share from 13.9% to 15.1%, surpassing Kioxia to claim third place. Kioxia generated $10.72 billion in revenue, up 79.9% quarter-over-quarter, with its market share slightly declining to 13.6%; SanDisk’s revenue grew only 50.7%, the slowest among the top five, causing its market share to drop from 13.9% to 11.4%. TrendForce forecasts that demand for enterprise SSDs from AI servers will remain robust in the third quarter, while major NAND manufacturers will focus their investments on DRAM and HBM, resulting in limited new NAND supply; this is expected to sustain upward price trends and continue driving overall industry revenue growth. (Source: BlockBeats)

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