India, Dec. 3 -- TrendForce's latest research shows that demand for NAND Flash stayed strong in November 2025, fueled by AI applications and solid enterprise SSD orders. Meanwhile, suppliers continued to focus on capacity for high-margin enterprise and premium products, while old-node capacity was quickly phased out.

This led to a further tightening of wafer supply, causing November contract prices for mainstream wafers to rise sharply. Monthly average price increases varied from 20% to over 60% across all product categories, with the surge quickly expanding to all density segments.

A detailed analysis of November's pricing trends reveals that 1Tb TLC experienced the most significant shortage due to persistent enterprise SSD demand, cau...