YMTC Surges to Third in Global Memory | Business and Finance News

YMTC just vaulted into third place globally for memory chip shipments, beating U.S. rival Micron and Japan’s Kioxia—now holding a 14% market share—with analysts predicting even bigger gains by 2027 and 2028. This milestone signals major future growth potential and could reshape funding strategies across the industry. Meanwhile, YMTC prepares for its IPO in mainland China, following CXMT’s successful DRAM debut. The global memory market is booming—with DRAM and NAND hitting record sales of nearly $100 billion and $46 billion respectively—but YMTC still trails in NAND revenue and leans more toward consumer products than high-margin data centers. SK hynix is also re-entering China’s manufacturing scene to boost NAND output, highlighting how fast this competitive landscape is shifting. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ef67bd684bb0a6e6