The memory shortage is driving up prices for many products:RAM, graphics cards, and even SSDs. A TrendForce report indicates that SSD manufacturers saw a very sharp increase in revenue in the fourth quarter of 2025: 50% compared to the fourth quarter of the previous year. Some companies are seeing even higher growth rates than others!
Major SSD manufacturers are seeing their revenue skyrocket!
In this sector, the SK Group—which includes SK Hynix and Solidigm—is posting the strongest quarterly growth: 75.2%. The company is also seeing its market share rise from 26.8% in Q3 2025 to 30.2% in Q4 2025. Next is SanDisk, which is growing strongly with revenue of $440 million—a 63.6% increase (along with a rise in its market share)—followed by Samsung, Micron, and Kioxia, which recorded the lowest growth: 18.9%, with a decline in its market share from 14.1% to 10.8%. Clearly, the SK Group is the most successful, as it has seen its revenue skyrocket while gaining market share. This growth in results is not simply due to rising memory prices.
By the way, a quick note here: we’re talking about revenue, which is one of the indicators of a company’s economic health. However, a company can generate billions in revenue, but if it doesn’t turn a profit, the operation isn’t profitable. Furthermore, it’s worth noting that Samsung, SK Group, Micron, and Kioxia are memory manufacturers. As a result, reselling SSDs allows them to generate substantial profits since they only need to deduct manufacturing and integration costs. Furthermore, this ensures a reliable supply of chips, unlike Sandisk (Western Digital Group), which must source from a manufacturer and therefore pay for the memory.
In any case, in 2026, these results are expected to rise, as prices have continued to increase. Furthermore, it does not appear that demand for enterprise or server SSDs has declined.
