GoKawiilAI memory boom triggers price surge for NOR flash and SLC NAND chips
Analysts at Morgan Stanley, JPMorgan, and TrendForce report that legacy memory types like NOR flash and SLC NAND are facing severe supply shortages as manufacturers redirect production capacity toward more profitable HBM and DRAM chips driven by AI demand. Contract prices for both chip types have already more than doubled in the first half of 2026, with SLC NAND expected to rise another 120-170% in the second half.