Sandisk acquired a stake in Taiwanese memory manufacturer Nanya to secure its own DRAM supply for SSDs.

Brief on memory market deals

In a shortage of memory chips caused by rising demand for AI technologies, major players in the market have made several significant investments in Taiwanese manufacturer Nanya Technology.

What happenedKey detailsPrivate placement of sharesNanya conducted a private issuance worth $2.5 billion. The largest buyer – SanDiskSanDisk (producer of NAND memory and SSDs) purchased 139 million shares at a 15 % discount to the average price for $1 billion, giving it a 3.9 % stake in the company.Long‑term supplyUnder the agreement, Nanya commits to supplying SanDisk DRAM chips, which are also in demand for data storage system production.Other investorsCisco Systems and several other companies participated in the placement totaling $2.5 billion.Market reactionOn Thursday, Nanya shares hit a 10 % growth limit, confirming strong investor interest. According to Omdia, last year was the most dynamic for memory manufacturers due to price increases rather than production volumes.Kioxia (JAPAN)The Japanese company spent $490 million to purchase 70 billion new Nanya shares, acquiring a 2 % equity stake. Under the terms of the deal, which will conclude on April 8, Nanya will also supply DRAM to Kioxia.SolidigmAnother investor – Solidigm (enabling solid‑state memory production). Intel’s business in this area now belongs to SK hynix but is registered in the United States.

Conclusion

Growing demand for AI memory drives large companies toward strategic investments and long‑term partnerships with Nanya Technology. These deals provide not only financial support but also guarantee supplies of critically important DRAM chips for further development of data storage technologies.