YMTC Suggests the Memory Crunch Could Last Another Three Years

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YMTC's comments point to a longer memory squeeze, with capacity shifting toward higher-margin products and consumer pricing staying under pressure.

Quick Report

Chinese NAND maker YMTC appears to believe the memory shortage could last for another three years, a signal that the industry still has to work through a tight supply picture rather than a brief correction. That outlook matters because it suggests the problem is not limited to one product class or one geography; it is part of a longer cycle in which capacity and pricing remain uneven across the storage stack.

The bigger issue is that those shortages are not just about raw demand. YMTC reportedly shifted more capacity toward higher-margin products, which can leave mainstream consumer storage and other competitive segments with less supply. In other words, even if new fabs come online later, the market could still be shaped by product mix rather than by simple quantity alone.

For end users, the practical takeaway is straightforward: buyers should not expect a fast normalization in storage pricing. If the shortage persists, the cost of SSDs and related memory products could stay elevated longer than many buyers hope, especially in consumer categories where high-margin data center and enterprise demand competes for wafer capacity.

Written using GitHub Copilot MAI-Code-1.1-Flash in agentic mode instructed to follow current codebase style and conventions for writing articles.

Source(s)

  • TPU
  • The Wire China
  • Jukan05 on X