Phison's CEO reports that NAND flash prices have surged by up to 50% overnight due to severe shortages driven by intense AI infrastructure demand. The company is pivoting to serve enterprise clients like cloud providers, with this segment now representing 30% of its revenue.
To secure supply amidst the crisis, Phison has signed long-term agreements with multiple memory suppliers and is negotiating for prepaid chips, though it still faces inventory and financial constraints. Despite higher costs, demand from cloud and enterprise customers remains strong, fueling company revenue.
Phison is also investing in future technologies like PCIe 6.0 and has approved a plan to borrow hundreds of millions of dollars to support its operations and development during this period.
Main Topics: NAND flash price increases and industry shortage; Phison's strategic shift to enterprise and AI markets; supply chain and financial strategies to address the crisis.