NAND Price Growth Set to Cool to 10-15% This Quarter After 70% Surge

Sandisk's recent earnings benefited from an estimated 70% jump in NAND memory prices, but TrendForce now forecasts price growth of just 10% to 15% for the current quarter. NAND is the flash memory used in storage devices, and its pricing swings directly hit chipmakers' margins. The deceleration matters because analyst estimates for memory makers were built on the steep part of the price curve. A slower rate of price increases does not mean prices are falling, but it does mean the extraordinary margin expansion of recent quarters is unlikely to repeat at the same pace. What is unresolved is how quickly earnings estimates for Sandisk and peers will be revised to reflect the new trajectory, and whether the 10% to 15% figure holds or slips further as the quarter progresses.