March 31, 2026 /SemiMedia/ — Nanya Technology said it has raised about $2.5 billion through share sales and private placements to expand its DRAM production, as memory supply remains tight.

As part of the deal, Kioxia Holdings will invest around T$15.6 billion for a roughly 2% stake and secure a long-term DRAM supply agreement. The move marks Kioxia’s first investment in a DRAM maker, as the company looks to strengthen access to key components used in SSD products.

SanDisk will invest T$31 billion and also signed a multi-year supply agreement with Nanya. Other investors include Solidigm and Cisco Systems.

DRAM is widely used as cache memory in devices such as SSDs, where it works with NAND flash to manage data. With supply tightening since late 2025, some buyers have faced difficulty securing enough DRAM and have turned to alternative sourcing at higher prices.

According to Counterpoint Research, Nanya held about 2% of the global DRAM market in the third quarter of 2025. The sector is dominated by Samsung Electronics, SK hynix and Micron Technology.

Chipmakers are stepping up investment to increase output. Micron has said it plans to acquire a wafer fab, which is expected to start contributing capacity in the coming years. Nanya’s latest funding and supply deals could help it expand output and secure long-term customers.