According to TrendForce, the top five enterprise SSD vendors generated $37.59 billion in revenue in the second quarter of 2026, up 103.6% from the previous quarter. The ranking of the top five remained unchanged, led by Samsung, followed by SK hynix, Micron, Kioxia, and Sandisk.
According to TrendForce, the top five enterprise SSD vendors generated combined revenue of approximately $37.59 billion in the second quarter of 2026, up 103.6% from the previous quarter. NAND suppliers are reportedly pursuing expansion as shipment volumes increase and contract prices rise, amid growing demand.
Samsung Electronics ranked first with revenue of approximately $14.35 billion, followed by the SK hynix group in second place with approximately $8.63 billion, Micron in third with approximately $6.90 billion, Kioxia in fourth with approximately $4.64 billion, and Sandisk in fifth with approximately $2.98 billion.
Samsung increased its revenue through higher shipments of its 176-layer QLC products and a higher mix of PCIe 5.0-compatible products. It is reportedly becoming a preferred supplier as major North American cloud service providers transition from PCIe 4.0 to PCIe 5.0.
The article also discusses SK hynix's consideration of co-production with Kioxia and its efforts to explore the construction of a plant in Japan. It also touches on the relationship between the two companies, including the possibility that an SPC holding convertible bonds could become Kioxia's largest shareholder.