Chinese officials have inspected Yangtze Memory Technologies Corp (YMTC), emphasizing its role as a "national strategic asset" in advancing the country's semiconductor self-sufficiency. The company is accelerating its third-phase project, a cornerstone for building a world-class memory and computing integrated industry base.
As a leading global unicorn valued at $160 billion, YMTC has established a complete ecosystem from flash manufacturing to packaging and testing. Its 232-layer "Wudangshan" chip, launched in 2023, competes in the global top tier with an equivalent storage density of 294 layers. YMTC's global NAND market share has risen to 8.1% this year.
The third-phase project, a $20.72 billion joint investment with Hubei Changsheng, targets a monthly capacity of 150,000 wafers. It aims to capture 15% of the global market share by 2026, forming the foundation for a trillion-yuan integrated circuit cluster.
Against a backdrop of soaring demand for storage chips from AI and cloud computing, creating a 20-30% global supply-demand gap, YMTC is urged to focus on three breakthroughs: strategic planning around memory-compute integration, R&D for next-generation flash memory, and global market expansion. As a "chain master" enterprise, it is expected to lead the formation of this massive industrial cluster in Wuhan.
ICgoodFind: YMTC's expansion, backed by strong policy support, is poised to reshape the global memory landscape and solidify China's position in the strategic semiconductor sector.
