SIMO
Silicon Motion Technology Corporation
September 14, 2026 · pre-market open
- Rarity
- 1.78
- Peak move
- −16.71%
- Float cap
- $10.2B
Silicon Motion Technology Corporation develops NAND flash controllers for SSDs and other solid-state storage devices, plus eMMC/UFS controllers for smartphones and IoT devices. It also supplies small form-factor SSDs for industrial, commercial and automotive uses. Its customers include NAND flash makers, module makers, hyperscalers and OEMs.
Where do you see this going?
no votes yetVoting closed at 4:00 PM ET.
What we found
7 events · 0 from SEC or newswire · 0 timed with the move- Key event
commodity_eventTrendForce reported NOR flash contract prices rose a cumulative 100-120% on average in H1 2026, with 256Mb-and-above densities seen rising up to a further 110% in H2 and 4Q26 pricing up 10-20%.
- Key event
demand_signalChina's YMTC is projected to expand NAND wafer output from about 2.01 million wafers this year to 2.496 million in 2027, driven by its Wuhan fab 3 ramping from 90,000 to 575,000 wafers.
peer_disclosureKioxia is said to be considering raising about $10 billion via a US listing or ADRs to gain liquidity and potentially join a semiconductor-focused stock index, according to Bloomberg.
- Key event
analyst_ratingCiti forecast a deepening DRAM shortage in 2027-28 and NAND demand growth of 29% and 33% outpacing supply growth of 21% and 25%, projecting blended NAND ASP to rise 34% in 3Q26 and 15% in 4Q26.
convertible_offeringSilicon Motion closed an upsized $1.15 billion offering of zero-coupon convertible senior notes due 2031, after initially unveiling $800 million and pricing at $1 billion.
major_contractApple agreed a 3-5 year long-term NAND flash supply agreement with Japan's Kioxia, shifting from price-cutting and multi-sourcing to volume-locking, reportedly potentially without a fixed price cap.
commodity_eventOmdia data showed semiconductor revenue grew 27% sequentially in 1Q26 to $319bn, with memory revenue up over 80% quarter-on-quarter on AI-related demand.