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As the slow demand for NAND persists, Kioxia and Western Digital are reportedly accelerating their merger talks, which may create the second-largest flash memory chip producer after Samsung Electronics.
The world's top three DRAM suppliers are cutting production. It is expected that Samsung Electronics, SK Hynix, and Micron will reduce wafer supply by up to 25% YoY in 2023. This would help set the DRAM market back to normal supply-demand dynamics, and start to ease oversupply, starting from 2024. DRAM suppliers would also recover some power in price negotiation.
Memory products will remain a buyer's market in the short term as inventory levels at suppliers are still at historical highs, and prices are caught in a tug-of-war between both suppliers and customers in the second quarter of the year.
According to TrendForce, DRAM and NAND Flash prices are expected to fall further in the second quarter of 2023 due to weak server shipments and high inventory levels.
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The core of today's high-profile contest between the United States and China is Washington's aim of trying to curb Beijing's steady growth in chip-related areas. Especially in artificial intelligence, quantum technology, nanotechnology, quantum computing and data science.