As hyperscalers shift from AI training to inference workloads, the need for high-capacity memory is surging. While HBM benefits, NAND is also in high demand. SanDisk reports an undersupplied NAND market through the end of 2026, with customer conversations now pointing to tight supply extending into 2027, according to Yahoo! Finance and IT Home.
According to the Yahoo! Finance earnings call transcript, CEO David Goeckeler said the undersupplied NAND market is driven by long-term demand trends, past capital investments, and industry-wide node transitions.
Notably, SanDisk remains bullish on the long-term data center market, highlighting a major NAND shift. According to the company’s remarks from the transcript, 2026 will likely mark the first time data centers overtake mobile as the largest NAND segment, driven by faster growth and a more diverse customer base.