India, July 27 -- TrendForce's monthly July NAND Flash update reveals that the NAND Flash market has remained undersupplied throughout 2026, driven by surging AI-related demand and limited capacity expansion.

Looking towards 2027, server demand is anticipated to stay strong. However, ongoing process migrations by suppliers, steady growth in bit output, and persistent weak demand in consumer electronics are likely to gradually restore market balance. Consequently, the current supply tightness is expected to diminish in the latter half of 2027.

TrendForce notes that in 2026, NAND Flash suppliers will rely primarily on process node migrations to meet rising demand, as existing fab space remains constrained and manufacturers continue priori...