TrendForce: NAND flash revenue dropped 45% YoY and 25% QoQ in Q4 2022 and is expected to drop 8.1% QoQ in Q1 2023; NAND's per-bit costs may reach all-time lows (Anton Shilov/AnandTech) 20-03-2023

Anton Shilov / AnandTech:
TrendForce: NAND flash revenue dropped 45% YoY and 25% QoQ in Q4 2022 and is expected to drop 8.1% QoQ in Q1 2023; NAND’s per-bit costs may reach all-time lows — Softened demand for PCs and smartphones coupled with NAND memory bits oversupply has sent prices of 3D NAND memory into a dive in recent quarters.