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◆ TESSARA JULY 23, 2026 NAND prices are surging $62115 $ PER KG +9.5% MoM · +451.1% YoY Korea customs NAND export unit price ($/kg), a proxy for the flash memory cycle. $20000 $40000 $60000 Prior peak $56752 Breakout Jul '24 Mar '25 Oct '25 Jun '26 tessara.tech Source: Korea Customs Service

NAND prices are surging

The export price of South Korean NAND flash is up more than 250% in a year, surging out of a long glut to a new high. After years of oversupply, flash has flipped to shortage as the AI build pulls memory of every kind.
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