Monthly Memory & Flash Market Watch

Kioxia emerges as a major AI storage beneficiary

• Kioxia reportedly surpassed Toyota in market capitalization, highlighting investor optimism toward AI-driven storage demand. The company advanced its next-generation 332-layer BiCS10 NAND roadmap and continued evaluating future fab expansions. Kioxia increasingly relies on LTAs and long-term customer commitments to manage constrained NAND supply.

Sandisk strategically focuses on AI-driven capacity allocation and next-generation NAND roadmap

• The company is shifting capacity toward AI and enterprise storage markets while advancing next-generation BiCS NAND, high-capacity QLC SSDs, and long-term customer agreements to strengthen its position in the rapidly expanding AI infrastructure ecosystem. The prioritized high-capacity QLC NAND and enterprise SSD development, including its Stargate architecture and future ultra-large-capacity SSD roadmap, is targeting AI storage clusters and hyperscale datacenters.

To reinforce South Korea‘s leadership in the AI memory era, the government has launched a $520 billion public-private semiconductor investment program alongside Samsung and SK hynix, including four new fabs and dedicated HBM production facilities. The initiative highlights the industry's long-term confidence that AI-driven demand will continue to drive substantial memory capacity expansion and technology investment.