The Taiwan DRAM maker is accelerating its 5A fab and advanced EUV rollout while July revenue hit a record high, underscoring stronger pricing and a product shift toward AI infrastructure and servers.
Nanya Technology has lifted its 2026 capital expenditure ceiling to NT$69.7 billion from NT$52 billion as the Taiwan-based DRAM maker speeds construction of its 5A fab and prepays for advanced equipment including EUV lithography tools. The 34% increase comes as the company posts sharply stronger operating performance, with July consolidated revenue reaching a record NT$43.87 billion, up 49.27% from June and 719.61% from a year earlier. The board also approved a 2026-2029 capex budget of up to NT$346.6 billion for the 5A fab, part of a broader investment plan of about $16 billion, or roughly NT$520 billion, tied to an eventual maximum capacity of about 45,000 wafer starts per month. Nanya said the first phase targets 35,900 wafers a month, with wafer starts expected in the second half of 2027, capacity reaching 30,000 wafers in 2028 and 35,900 in 2029. The fab will introduce 10nm-class DRAM processes including 1B, 1C, 1D and 1E and will fully adopt EUV (extreme ultraviolet chipmaking technology). Alongside the expansion, Nanya approved a $2.1 billion capital injection into wholly owned subsidiary Nanya Technology International Limited to reduce potential disruption from USD/TWD exchange-rate swings, and cleared the sale of 715,000 common shares in Patching Technology at no less than NT$545 each, for an expected gain of about NT$360 million. After the sale, it will still hold about 33.96% of Patching Technology. The company’s momentum reflects a broader shift in the memory market as global suppliers steer resources toward HBM (high-bandwidth memory used in AI systems) and more advanced nodes, tightening supply of mature DRAM products such as DDR4 and DDR3. Market analysis cited rising DRAM prices, a richer product mix and stronger demand for higher-value products as the main drivers. In the second quarter, Nanya’s DRAM sales volume was roughly flat from the first quarter, but average selling prices rose by more than 60% quarter on quarter, lifting revenue 68.2% sequentially and pushing gross margin to 79.5%. Counterpoint Research said Nanya was the second-fastest-growing DRAM manufacturer in the second quarter of 2026, with revenue growth of 690%, behind China’s CXMT at 716%. Analysts and market observers are now watching whether DRAM contract prices keep rising, whether shipments expand alongside prices, whether AI infrastructure and server products keep increasing their share of revenue, and whether new industry capacity changes supply-demand conditions.