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Lexar owner Longsys forecasts massive profit jump amid AI chip shortage · 2 sources tracked

By PulseAugur Editorial · [2 sources] ·

Lexar's parent company, Longsys, is projecting a staggering profit increase of over 60,000% for the first half of 2026, reaching nearly $1.5 billion. This surge is driven by the immense demand for memory and storage chips fueled by the global AI infrastructure buildout, which has created a significant shortage. The company is securing supply agreements with wafer manufacturers and is poised to benefit as PC makers and other tech giants seek alternatives to established suppliers like Samsung and SK Hynix. AI

IMPACT This surge highlights the critical role of memory suppliers in the AI infrastructure buildout and signals potential continued price increases and supply chain shifts.

RANK_REASON Significant financial news for a major component supplier driven by AI demand.

Read on Tom's Hardware →

AI-generated summary · Google Gemini · from 2 sources. How we write summaries →

Lexar owner Longsys forecasts massive profit jump amid AI chip shortage · 2 sources tracked

COVERAGE [2]

  1. Tom's Hardware TIER_1 English(EN) · Jowi Morales ·

    Chinese memory and storage firm expected to post more than 60,000% jump in profits due to exploding demand — Lexar owner Longsys forecasts nearly $1.5 billion profit for 1H26 compared to $2.1 million last year

    Chinese memory and storage manufacturer Longsys expects to post a massive increase in profits due to the AI-driven chip shortage.

  2. Mastodon — fosstodon.org TIER_1 English(EN) · [email protected] ·

    Chinese memory and storage firm expected to post more than 60,000% jump in profits due to exploding demand — Lexar owner Longsys forecasts nearly $1.5 billion p

    Chinese memory and storage firm expected to post more than 60,000% jump in profits due to exploding demand — Lexar owner Longsys forecasts nearly $1.5 billion profit for 1H26 compared to $2.1 mill… Chinese memory and storage manufacturer Longsys expects to post a massive increase…

    LINKS tomshardware.com/…/chinese-memory-and-sto… tomshardware.com/tech-industry

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