NOR Flash Contract Prices to Rise 100%-120% in First Half of 2026
TrendForce said in a September 14 memory-industry study that the NOR Flash market is undergoing its most significant supply-demand structural shift in nearly a decade. Average cumulative contract price increases reached 100%-120% in the first half of 2026, as AI applications absorbed most capacity and high-end demand upgraded, while suppliers added limited bit output. Price trends are expected to diverge by capacity in the second half.
In the first half of 2026, average cumulative NOR Flash contract price increases reached 100%-120%. With AI applications occupying most capacity and demand upgrading in high-end applications, suppliers increased NOR Flash bit output only to a limited extent.
In the second half of 2026, price trends will diverge across products of different capacities.
In the mid- to low-capacity market of 128Mb and below, as some suppliers gradually release capacity, price increases for consumer products will slow, followed by consolidation at high levels.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is positive for Semiconductor Value Chain, with intensity 75/100 and 85% confidence over a short term horizon.
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.