The Third Player: YMTC Overtakes Micron in Global NAND Shipment Volumes

Yangtze Memory Technologies Co. (YMTC) has overtaken Micron Technology Inc. in global NAND shipment volumes, ranking third behind Samsung and SK Hynix as of Q2 2026. YMTC's global NAND revenue share increased from 9% in Q1 2025 to 14% in Q1 2026, driven by demand for AI applications. The company aims to capture a 20% share of the global NAND market, up from 16.5%, while facing challenges related to U.S. export restrictions and expanding its customer base outside China.