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Institution: YMTC Expected to Leap to Third Place in Global Market Amid Memory Demand Surge
1 day ago /
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Author：小编
On June 3, research firm Counterpoint pointed out that Chinese memory chip manufacturer Yangtze Memory Technologies Co., Ltd. (YMTC) is poised to benefit from the construction of artificial intelligence infrastructure. According to Counterpoint's report, in the first quarter of this year, YMTC saw a staggering 445% year-on-year surge in revenue, driven by robust domestic demand and supply shortages, capturing a 13% global market share. Researcher MS Hwang stated that capital infusion will help YMTC surpass competitors Kioxia and Micron Technology, solidifying its position as the world's third-largest NAND supplier.
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