Phison CEO Pan Jiancheng said meetings with two NAND suppliers found both
admitting "we don't know how large next year's shortfall will be," indicating
continued NAND supply tightness. He said the market question is not whether
shortages will occur but which firms can secure more allocation. Pan added
AI-driven semiconductor demand is only beginning; TSMC's ongoing AI capacity
expansion will raise DRAM and NAND Flash consumption, and AI could absorb
semiconductor capacity for two to three decades, so memory makers' capacity
additions are unlikely to trigger oversupply within the next one to two years.
