Micron Technology(US:MU) TrendForce集邦·2025-06-19 05:10Core Viewpoint - The Enterprise SSD market is experiencing a significant adjustment period, with major clients reducing order sizes, leading to a nearly 20% drop in average selling prices in Q1 2025. However, improvements are expected in Q2 due to increased demand driven by AI infrastructure and new product releases from key players like NVIDIA [1]. Group 1: Market Overview - In Q1 2025, the top five Enterprise SSD brands reported a decline in revenue due to seasonal effects and weak overall demand, indicating a market adjustment phase [1]. - The overall revenue for the Enterprise SSD market is projected to recover to positive growth in Q2 2025, supported by expanding AI infrastructure needs and increased storage capacity from Chinese CSPs [1]. Group 2: Company Performance - Samsung: Ranked first, Samsung's revenue decreased by 34.9% to $1.89 billion in Q1 2025, impacted by seasonal effects and weak demand. However, the company is seeing growth in its PCIe 5.0 product shipments, indicating a steady market share increase in advanced interface technology [4]. - SK Group: The second-ranked SK Group, which includes SK hynix and Solidigm, experienced a revenue drop of over 50% to $0.99 billion in Q1 2025 due to strategic adjustments by major clients in AI infrastructure. The company is accelerating the development of next-generation storage technologies [5]. - Micron: Micron's revenue for Q1 2025 was $0.85 billion, with a relatively stable performance despite market fluctuations, showing a 27.3% decline in revenue [6]. - Kioxia: Kioxia's revenue fell by 21.8% to $0.57 billion in Q1 2025, affected by traditional seasonal downturns and lower-than-expected orders from Server OEM clients [7]. - SanDisk: SanDisk reported a revenue of $0.23 billion in Q1 2025, with an upward trend in product shipments. The company is focusing on developing high-capacity storage products, including a new 1PB SSD [8].