Silicon Motion reports strong first-quarter controller growth

StorageNewsletter summarizes Silicon Motion's fiscal 1Q26 results as total sales rising 23% sequentially and 105% year over year. SSD controller sales were down 5% to 10% from the prior quarter but still up 40% to 45% year over year, while eMMC and UFS controller sales increased 30% to 35% sequentially and 140% to 145% year over year. The controller data points to healthier end-market activity across storage and mobile embedded memory devices compared with the prior year. The sequential dip in SSD controllers keeps the signal from being uniformly bullish, but the annual gains suggest a meaningful recovery in controller demand.