TrendForce consulting: NAND Flash wafer supply tightens, with some contract prices in November increasing by up to 60%.

Wisdom Finance APP learned that, according to the latest survey from TrendForce, the overall NAND Flash demand in November 2025 continues to be driven strongly by AI applications and Enterprise SSD orders. Original manufacturers prioritize allocating capacity to higher-end and enterprise products with good profitability. Additionally, old process capacity is quickly converging, causing the wafer supply situation to become more tense. This has led to a significant increase in mainstream wafer contract prices in November, with average monthly increases ranging from 20% to over 60%. The upward trend is rapidly spreading to all capacity segments.