NAND Flash合约价全面上涨，11月涨幅最高65%！

Core Insights - The overall NAND Flash contract prices are expected to rise significantly in November 2025, with average monthly increases ranging from 20% to 60%, and 512Gb TLC chips seeing price hikes exceeding 65% [2] - The demand for NAND Flash is being driven by AI applications and strong orders for enterprise SSDs, while manufacturers prioritize capacity allocation for higher-margin products [2] - The supply situation is tightening due to the rapid reduction of older process capacities, leading to a significant increase in mainstream contract prices in November [2] NAND Flash Price Performance - The average price of 1Tb TLC chips has surged due to growing demand for enterprise SSDs and severe supply shortages [2] - The 512Gb TLC chips have experienced a price increase of over 65% in November, driven by supply constraints from the transition away from older processes and steady market demand [2] - The 256Gb TLC chips have also seen significant price growth due to declining supply from the exit of older processes [2] QLC and MLC Product Trends - The demand for enterprise-grade high-capacity products and accelerated shipments for cold storage applications have led to a noticeable tightening in QLC supply, resulting in a substantial price increase for 1Tb QLC chips in November [3] - MLC products continue to see price increases supported by demand from industrial control and consumer products [3] - TrendForce anticipates that contract prices will maintain their upward trend in December due to strong pricing power from manufacturers and ongoing tight wafer supply conditions [3]