Capacity-add Policy ConstraintsAnalysts warn that capacity will only be added under long-term volume and price agreements, potentially restricting near-term supply growth and limiting the company's ability to capture surging demand.
Market Exposure And Future Capacity RampsCompany's relatively small eSSD market share and planned industry capacity ramps around 2027 could erode pricing power over time and cap valuation upside as supply growth catches demand.
Seismic Production RiskSeismic events near Kitakami fabrication sites can force tool shutdowns and lengthy restarts, creating production uncertainty and risk of shipment delays.