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This Chinese firm has topped Micron and Kioxia in shipments of crucial NAND memory chips
Yangtze Memory Technologies (YMTC) has emerged as a formidable player in the NAND memory chip market, claiming the third spot in global shipments, surpassing both Micron and Kioxia as of Q2, according to Counterpoint Research. With a 14% market share, YMTC is positioned to further strengthen its presence in the industry, especially as global demand for NAND continues to grow. The company's trajectory is promising, with forecasts suggesting an increase in market share in the coming years, which is crucial for funding its expansion efforts.
MonitorConfidence: HighShort term horizon
Published 13 Aug 2026, 03:55 UTC1 min read
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Summary
TL;DR
- YMTC claims third place in NAND memory shipments globally.
- Surpassed Micron and Kioxia, two established companies in the sector.
- Secured a 14% share of the NAND memory market.
- NAND chips retain data when powered off, critical for many devices.
- YMTC is preparing for a public offering in mainland China.
Interesting facts
- YMTC's growth comes amid strong competition from South Korean firms Samsung and SK Hynix.
- A 15% market share is considered the threshold for sustaining further capital investments.