The five major NAND manufacturers have simultaneously reduced production by 10% to 15%, and storage prices rebounded better than expected in Q2

According to reports, in the second quarter of 2025, the world's top five NAND Flash manufacturers - Samsung, SK Hynix, Micron, Kioxia, and Western Digital - will simultaneously implement production cuts ranging from 10% to 15% to cope with market oversupply. This measure has played a crucial role in supporting the rebound of storage prices.

At the same time, the increasing uncertainty of China US trade policies has prompted companies to accelerate the completion of transactions within the policy grace period, thereby driving a short-term stocking wave in the market. This has led to a better than expected rebound in storage prices in the second quarter of 2025.

The latest report from TrendForce shows that storage prices showed a downward trend in the first quarter of 2025, but by the second quarter, prices had rebounded. In the first half of the year, storage prices showed an overall trend of "first falling and then rising".

In terms of DRAM contract prices, traditional DRAM prices fell by 8% to 13% in the first quarter, while high bandwidth memory (HBM) only slightly fell by 0% to 5%. It is expected that traditional DRAM prices will rebound by 3% to 8% in the second quarter, while HBM will rise by 3% to 8% due to the demand for AI and HPC applications.

In terms of NAND Flash contract prices, the price drop in the first quarter reached 15% to 20%, the largest among all major products. It is expected to rebound by 3% to 8% in the second quarter, indicating that the market is gradually restoring supply-demand balance.