YMTC's global NAND flash market share surged to 13% in Q1 2026, tying Micron and SanDisk, as AI demand pushed industry revenues to a record $46 billion.

Micron CEO Sanjay Mehrotra revealed new strategic customer agreements covering 20% of DRAM and 33% of NAND volume, targeting over 50% of total revenue.

Micron Technology and SK Hynix drive Asian stock rally as AI memory chip demand pushes both companies toward $1 trillion valuations and record index highs.