Top Five NAND Flash Makers See Q1 Revenue Surge 83.7% to $38.9B Amid AI Server Boom

According to TrendForce, in Q1 2026, the top five global NAND Flash manufacturers posted combined revenue of $38.9 billion, up 83.7% quarter-over-quarter. The surge was driven by cloud service providers' massive buildout of AI server infrastructure, which spurred demand for Enterprise SSDs for high-speed data transfers and large storage capacity. Tight supply combined with rising average selling prices (ASP) boosted profitability across the sector.
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