TrendForce's July 2026 analysis indicates that while AI demand caused NAND Flash shortages in 2026, supply bit growth from process upgrades will outpace demand in 2027. This will lead to an improvement in supply tightness by the second half of 2027, despite robust server demand and persistent fab space challenges.
NAND Flash supply is set to loosen in 2H27 as bit growth from process upgrades outpaces demand, reducing pricing power for suppliers.