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AI may be the one that takes center stage, but memory chips are the ones that are actually dominating. Chip demand is drastically increasing, with computing and data-storage chips alone having a growth forecast of about 41.4% year-on-year (YoY) and making more than $500 billion as AI data centers add to their capacity.
Among them, NAND flash is the most prominent; the market is estimated to hit approximately $72.60 billion by 2030, thanks to the rapid adoption of SSD in servers, PCs, gaming, and other AI workloads.