Citrini analyst Jukan posted a response addressing recent market rumors about bearish notes on NAND and negative news regarding QLC price negotiations. It’s not surprising that when SanDisk and Meta signed a long-term agreement, they accepted prices below the initial quotation. SanDisk is one of the most proactive NAND vendors in pursuing LTAs, planning to allocate more than 50% of its total shipment volume to such agreements. Based on this strategy, it naturally is willing to accept LTA pricing that is lower than the contract price for the current quarter; therefore, one cannot conclude that “SanDisk is unable to seamlessly resell all orders to higher-priced North American customers.”
Regarding the rumor that Chinese module makers tried to promote eSSD to domestic CSPs but were rejected, Jukan explained that Chinese CSPs have channels to purchase directly from Yangtze Memory rather than suffering from insufficient demand. As for claims that large hyperscalers are pushing down prices of QLC eSSD, leading to some volumes being unsellable, Jukan believes that new cloud vendors have enough demand to absorb those quantities.
Jukan concluded by saying that when storage stocks perform poorly, negative headlines are easier to amplify, but there has not been any substantive deterioration in fundamentals. Reiterating “still bullish on storage.” Earlier, Jukan said that DRAM contract prices would still have about 40% upside potential by the end of 2027, and that HBM supply will remain persistently tight. This clarification on the NAND side further reinforces its bullish stance on the entire storage sector.
🧧🧧🧧reply 2027 to $SOL 🧧🧧🧧
🎁🎁🎁👇👇👇🎁🎁🎁
Regarding the rumor that Chinese module makers tried to promote eSSD to domestic CSPs but were rejected, Jukan explained that Chinese CSPs have channels to purchase directly from Yangtze Memory rather than suffering from insufficient demand. As for claims that large hyperscalers are pushing down prices of QLC eSSD, leading to some volumes being unsellable, Jukan believes that new cloud vendors have enough demand to absorb those quantities.
Jukan concluded by saying that when storage stocks perform poorly, negative headlines are easier to amplify, but there has not been any substantive deterioration in fundamentals. Reiterating “still bullish on storage.” Earlier, Jukan said that DRAM contract prices would still have about 40% upside potential by the end of 2027, and that HBM supply will remain persistently tight. This clarification on the NAND side further reinforces its bullish stance on the entire storage sector.
🧧🧧🧧reply 2027 to $SOL 🧧🧧🧧
🎁🎁🎁👇👇👇🎁🎁🎁