Omdia Q1 2026 Memory Revenue Surges 80 Percent as DRAM and NAND Hit Record Highs

Omdia reports first quarter 2026 semiconductor revenue reached $3.19 billion, marking a 27 percent increase compared to the previous quarter. Memory sales drove this growth with an over 80 percent quarterly jump that pushed DRAM and NAND flash revenues nearly double within a single quarter. NAND revenue alone approached $48 billion after climbing 96 percent from Q4 2025 levels. Non-memory semiconductor segments grew only slightly above 2 percent during the same period.

Memory sales drove this growth with an over 80 percent quarterly jump that pushed DRAM and NAND flash revenues nearly double within a single quarter.

The report centers on memory chip markets as artificial intelligence workloads accelerate demand for high-bandwidth storage solutions. DRAM and NAND flash manufacturers captured most of the quarterly gains while other semiconductor categories showed minimal movement. The data reflects a market shift where memory components now dominate overall revenue growth across the broader hardware sector.

Memory segment performance shows DRAM and NAND revenues nearly doubling quarter over quarter due to sustained AI infrastructure spending. NAND specifically reached approximately $48 billion in total revenue after posting a 96 percent increase from the prior three-month period. Non-memory semiconductor categories including logic chips and analog components grew just above 2 percent during Q1 2026.

The memory-driven surge contrasts sharply with flat growth across other hardware categories that failed to match the explosive pace seen in storage markets. AI-related demand appears concentrated heavily on memory products rather than distributed evenly across all chip types. This concentration explains why total semiconductor revenue rose by 27 percent while non-memory segments barely moved forward.

Omdia tracks quarterly semiconductor market trends and publishes regular revenue breakdowns for industry analysis. Omdia tracks worldwide sales figures from leading producers and suppliers to generate its analyses of memory, logic, and custom semiconductor segments.

The report confirms Q1 2026 memory markets hit record revenue levels with DRAM and NAND flash doubling their previous quarter totals. Non-memory semiconductor segments showed minimal growth compared to the explosive expansion seen in storage products.