Counterpoint: YMTC's NAND market share jumps to 13% in Q1 2026 as the market hits a record $46B

YMTC (Yangtze Memory)/Xtacking 3D NAND

Counterpoint Research said global NAND revenue reached a record $46B in Q1 2026, about 3.5 times a year earlier, driven by AI demand. YMTC's share rose to 13% from 8% a year earlier, putting it in a close race with Kioxia, Micron and SanDisk behind Samsung and SK hynix.

• YMTC grew about 445% year on year, per Counterpoint.
• AI data-centre SSDs made up 43% of the NAND market in the quarter.
• Counterpoint expects fresh IPO money would let YMTC pass Kioxia and Micron for third place.