Group 1 - The demand for QLC NAND Flash is increasing due to the growth of AI data centers, leading to a global shortage [1] - Major cloud service providers (CSPs) are negotiating large-scale eSSD orders, with Microsoft and Google being the most active, aiming to replace HDDs with eSSDs by 2026 [3] - The estimated procurement volume for a single CSP could reach several tens of Exabytes (EB), with potential shortages reaching 150-200 EB [4] Group 2 - The price of NAND products is expected to increase, with SanDisk announcing a price hike of approximately 10% [4] - The price gap between eSSDs and HDDs is projected to narrow to around three times as CSPs shift towards eSSD adoption [1][3]