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Kioxia Holdings delivered a blockbuster quarter, driven by tight NAND supply and soaring prices, with a 75% operating margin and robust cash generation. KXIAY and Sandisk plan a ¥5 trillion ($31B) NAND investment through 2032, but major capacity additions won't impact supply until 2029 or later. AI-driven enterprise SSD demand is structurally supporting NAND pricing, while consumer markets remain weak; Kioxia is…

Kioxia and Sandisk plan to invest over $31 billion in Japan through 2032, contingent on government support. Sandisk is obligated to finance about half of the joint venture's capital expenditures to the extent that the joint venture's own cash flow cannot cover them.

TOKYO--(BUSINESS WIRE)--Kioxia Corporation, a world leader in memory solutions, announced today that it has commenced site preparation and other related work for the construction of Fab3, a new state-of-the-art manufacturing facility at the Kitakami Plant in Iwate Prefecture, Japan, to expand production capacity for advanced three-dimensional flash memory BiCS FLASH™. Fab3 will be constructed on land south of Fab2,…

Japan's Kioxia and U.S.-based Sandisk said on Thursday they ​planned to invest more than $31 ‌billion in Japan through 2032 to drive semiconductor technology and expand production capacity, ​as the AI boom boosts ​demand for memory chips.

The Nikkei 225 Index jumped sharply this week, reaching its highest level since July 6, and 15% above its lowest level this month. This rebound was driven by the ongoing technology stock gains as investors bought the recent dip.