Nanya Sets 12th Monthly Revenue Record as AI Demand Tightens DRAM Supply

October revenue reaches NT$46.476 billion

Nanya Technology posted consolidated revenue of NT$46.476 billion in October 2026, setting a monthly record for the 12th consecutive month as rising memory prices and strong demand for artificial intelligence infrastructure tightened supplies. The Taiwanese DRAM manufacturer announced the figures on November 3.

October revenue rose 3.07% from September and 487.73% from a year earlier. Revenue for the first 10 months reached NT$311.761 billion, an increase of 602.15% compared with the same period in 2025. Put simply, monthly sales were about 5.88 times their level a year earlier, while revenue for January through October was about seven times the previous year's total.

President Lee Pei-ing expects DRAM average selling prices to continue rising in the fourth quarter, with room for gross margin to improve from the third quarter. His outlook reflects a shortage extending beyond the memory used directly in AI computing: as manufacturers allocate capacity to AI applications, customers making conventional electronics also face tighter supplies.

The pressure is changing how customers buy memory. Some are seeking contracts lasting three years or longer instead of three months, while certain strategic partners have expressed interest in taking an equity stake to secure production capacity. For Nanya, the surge brings higher revenue and stronger customer commitments. For electronics manufacturers, it means more difficult decisions about prices, product specifications and how far ahead to reserve components.

Contract renewals helped drive a sharp price increase

Nanya's average DRAM selling price increased by about 60% in the third quarter compared with the second quarter, according to Lee. Some older supply contracts expired in June, allowing prices under new quarterly agreements to take effect from July.

That timing helps explain the scale of the increase. A contract can hold a customer's price steady for an agreed period even while market conditions change. When the agreement expires, the replacement price can rise sharply to reflect the tighter supply situation.

Lee expects prices to rise again in the fourth quarter, although increases will vary across the product mix. DRAM is working memory: it temporarily holds information that a processor needs while a device is operating. Different devices require different capacities, speeds and other specifications, so a shortage does not produce the same price increase for every memory product.

Nanya also expects its fourth quarter gross margin to exceed the third quarter level. Gross margin is the share of revenue left after subtracting the direct cost of making the products sold. Higher selling prices can improve that share, giving the company more room to cover other expenses and earn a profit.

New supply takes longer than new orders

Nanya says supply remains tight because expanding production involves several lengthy steps. A manufacturer needs to construct factory space, wait for equipment deliveries and introduce production processes before additional capacity becomes available. Strong demand can arrive much faster than those steps can be completed.

Lee said customer demand already covers most of the capacity Nanya plans to add. Some strategic partners also want to secure access to production through an ownership investment. Their interest shows how securing memory has become a concern extending beyond the next purchase order.

No completed equity arrangement, investment amount or partner identity was specified. The immediate picture is of customers trying to reserve future supply while the industry works through the practical limits on expanding output.

Customers seek commitments lasting years

About 50% to 70% of Nanya's capacity is covered by contracts lasting between three months and three years. Customers have also requested extensions from the traditional three months to three years or longer, seeking greater certainty that memory will be available when their products need it.

The difference is substantial: a three year commitment covers 12 times the period of a three month agreement. For a customer planning production, that longer horizon can make it easier to coordinate memory purchases with other components and factory schedules.

Nanya says longer agreements help it plan its product mix and production capacity, reducing sharp swings between supply and demand. Those decisions matter because capacity must be assigned among products serving different customers, rather than simply treated as a single pool of interchangeable memory.

The expiry of older contracts in June also shows why contract duration matters to revenue. Customers may secure continuity of supply over an agreed period, while the manufacturer's financial results reflect when pricing terms are renewed. Nanya's third quarter price increase followed precisely such a renewal point.

AI revenue extends beyond the main processor

Products serving AI infrastructure now account for more than 20% of Nanya's revenue. That category includes memory for servers, networking, storage and system management. In other words, more than one fifth of revenue is tied to the equipment supporting AI computing, including systems that move, store and manage information.

Nanya describes demand coming from computing platforms built around graphics processing units, tensor processing units, central processing units and application specific integrated circuits, commonly called GPUs, TPUs, CPUs and ASICs. These processors perform different jobs, but all operate within larger systems that need memory.

The company sees demand extending from high bandwidth memory, or HBM, and LPDDR5 into networking, storage and system management. HBM is designed to move large amounts of data quickly, while LPDDR5 is a generation of memory designed for high speed operation with relatively low power consumption. These product names describe different technical needs within the expanding computing market.

Nanya has also begun small shipments of customized DRAM and says customer validation is progressing smoothly. Validation is the testing process through which a customer checks whether a component meets its requirements. Small shipments represent an early stage of supplying these products as the company develops this part of its business.

Traditional electronics face tighter choices

Smartphones, personal computers and consumer electronics are feeling the effects of production capacity moving toward AI applications. Nanya says the shift is restricting memory supply for traditional uses, even as AI customers seek larger quantities and more specialized products.

The company has identified several responses in those traditional markets: lower product specifications, reduced memory use and longer product life cycles. In practical terms, manufacturers may choose less demanding designs, install less memory or keep existing products on sale for longer before introducing replacements.

Those choices connect a shortage inside semiconductor factories to the devices people buy. A manufacturer facing expensive or scarce memory must decide how to balance component availability, product capabilities and production plans. Nanya's account shows that this adjustment is already taking place in parts of the market.

The result is a memory market under pressure from both directions. AI infrastructure is generating demand, while conventional electronics still need reliable supplies. New capacity takes time to bring into production, leaving suppliers and customers to manage the gap through pricing, contracts and changes to product plans.

Munich exhibition puts supply continuity in focus

Nanya will participate in electronica 2026 at the Munich exhibition center in Germany from November 10 to 13. The company plans to display its DRAM portfolio, with particular attention to reliability, support over longer product life cycles and stable supply for automotive and industrial applications.

Juergen Kottmann, managing director of Nanya Technology Europe GmbH, said the company is committed to serving customers across European sectors, maintaining consistent quality and ensuring integration with their supply chains. Those priorities address the practical concerns of customers who need components to remain available throughout a product's production life.

Nanya points to more than 30 years of DRAM technology experience and an established record in automotive and industrial applications. Its message for Munich combines performance with continuity: customers need memory that works to specification and remains available as their own production continues.

The European event follows a month of record revenue, giving the company an opportunity to discuss its products while supply availability is a pressing issue. Reliability and longer support periods sit alongside price as central considerations for the customers Nanya intends to serve.

The dates behind the revenue surge

Nanya's recent developments span contract renewals, a sharp quarterly price increase and the next scheduled customer event. The sequence helps explain how earlier commercial agreements fed into the latest financial results.

• June 2026: Some older supply contracts expired.
• July 2026: New quarterly contract prices took effect for those agreements.
• Third quarter of 2026: Average DRAM selling prices rose about 60% from the preceding quarter.
• October 2026: Revenue reached NT$46.476 billion, the 12th consecutive monthly record.
• November 3, 2026: Nanya announced its October revenue figures.
• November 10 to 13, 2026: Nanya is scheduled to exhibit at electronica in Munich.

For the fourth quarter, management expects further increases in average selling prices and a better gross margin than in the third quarter. The focus now shifts to how rising prices, the product mix and longer customer commitments feed into the company's next results.

Key Points

• October revenue reached NT$46.476 billion, up 3.07% from September and 487.73% from a year earlier.
• Revenue for January through October totaled NT$311.761 billion, up 602.15%.
• Nanya has set a monthly revenue record for 12 consecutive months.
• Third quarter average DRAM selling prices rose about 60%, partly following the expiry of older contracts.
• About 50% to 70% of capacity is covered by contracts lasting three months to three years.
• AI infrastructure products account for more than 20% of revenue, while traditional electronics face tighter memory supplies.
• Nanya expects further price and gross margin increases in the fourth quarter and will exhibit in Munich from November 10 to 13.