NAND Flash Industry Revenue Grows 24.5% in Q4 2023, Expected to Increase Another 20% - Madshrimps Forum Madness

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NAND Flash Industry Revenue Grows 24.5% in Q4 2023, Expected to Increase Another 20%

NAND Flash Industry Revenue Grows 24.5% in Q4 2023, Expected to Increase Another 20%

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NAND Flash Industry Revenue Grows 24.5% in Q4 2023, Expected to Increase Another 20%

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7th March 2024, 06:36	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,843	NAND Flash Industry Revenue Grows 24.5% in Q4 2023, Expected to Increase Another 20% TrendForce reports a substantial 24.5% QoQ increase in NAND Flash industry revenue, hitting US$11.49 billion in 4Q23. This surge is attributed to a stabilization in end-demand spurred by year-end promotions, along with an expansion in component market orders driven by price chasing, leading to robust bit shipments compared to the same period last year. Additionally, the corporate sector's continued positive outlook for 2024 demand—compared to 2023—and strategic stockpiling have further fueled this growth. https://www.techpowerup.com/319986/n...other-20-in-q1

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