No it's not slow - a single NAND chip in SSDs offers >1GB of bandwidth - inside the chip there are 100+ wafers actually holding the data, but in SSDs only one of them is active when reading/writing.
You could probably make special NAND chips where all of them can be active at the same time, which means you could get 100GB+ bandwidth out of a single chip.
This would be useless for data storage scenarios, but very useful when you have huge amounts of static data you need to read quickly.