Japan's AI-driven economic revival plan, championed by Prime Minister Sanae Takaichi with a $640 billion investment target, is facing a reality check in Kitakami, a rural city 500 kilometers north of …
Kioxia Holdings plans to build a third chipmaking plant at its site in Iwate Prefecture, Japan, with manufacturing partner Sandisk, to produce high-density 3D flash memory chips for AI workloads. The …
Kioxia Holdings will invest more than ¥1 trillion ($6.8B) in a new manufacturing building at its Kitakami Plant in Iwate Prefecture, Japan, to produce next-generation NAND flash memory for AI data cen…
Kioxia Holdings issued a disappointing earnings outlook after its June-quarter operating income of ¥1.27 trillion missed analysts' estimates, signaling that the AI-driven surge in flash memory prices …
Kioxia Holdings reported a 46-fold surge in profit attributable to owners of parent to ¥842.2 billion for the June quarter, with revenue rising to ¥1.767 trillion, but shares fell 18% on July 28 amid …
Oil prices slipped and world shares were mixed on Thursday as investors sold artificial intelligence-related stocks in Asia, with South Korea's Kospi falling 1.2% after losing more than 16% over the p…
Oil prices slipped and Asian shares traded mostly lower Wednesday, with South Korea's Kospi extending losses after falling more than 16% over the past two days, as investors sold chipmaker stocks amid…
Shares of major U.S. chipmakers Micron, Sandisk, and Intel are sinking in premarket trading after Asian chip stocks plunged, with SK Hynix falling over 14.6% and Samsung dropping over 13.3%, driven by…
South Korea's KOSPI index sank more than 10% on Tuesday as shares in memory-chip giants Samsung Electronics and SK Hynix plunged as much as 13.4% and 14%, respectively, driven by investor concerns ove…
Kioxia Holdings faces more wild price swings as leveraged exchange-traded funds tracking the Japanese memory chipmaker's shares are set to be listed in the U.S., with Corgi Strategies, GraniteShares A…
US stock futures climbed on Monday as Asian equity markets staged a sharp recovery led by semiconductor stocks, with South Korea's Kospi surging 3.6% and Japan's Nikkei 225 rallying 3.3%. Samsung Elec…
Asian shares mostly gained on Tuesday, with South Korea's Kospi jumping 4.7% and Japan's Nikkei 225 adding 2.8%, recovering some losses from recent AI stock sell-offs. The Kospi surged as Samsung Elec…
The Nikkei stock average plunged over 4,100 points Friday afternoon, falling 6.18% to 62,704.60, driven by selling in semiconductor and AI-related stocks after declines in their U.S. counterparts. A b…
Kioxia Holdings' market capitalization halved in a month since becoming Japan's most valuable company, with shares tumbling 52% from last month's peak and losing at least ¥30 trillion ($185 billion) i…
Nvidia Corp. CEO Jensen Huang hosted a dinner in Tokyo's Kanda district on Wednesday night with the chiefs of key Japanese suppliers including Kioxia Holdings Corp., Shin-Etsu Chemical Co., Tokyo Elec…
Bain Capital confirmed that a special-purpose vehicle it set up for SK Hynix still holds a 14% stake in Kioxia Holdings, as Bain itself fully exited its position in the Japanese NAND flash memory comp…
Bain Capital has sold its entire stake in Kioxia Holdings, generating record returns after the chipmaker's shares surged over 4,800% since its debut, driven by AI-related demand. The exit marks the en…
Asian shares retreated Tuesday, with South Korea's Kospi slumping nearly 5% despite a rebound for AI stocks on Wall Street, as Samsung Electronics shares fell 7.7% even after reporting a 19-fold surge…
Asian markets fell sharply on Tuesday, with South Korea's Kospi dropping 7.6%, despite a rebound in AI stocks that lifted the S&P 500 to near a record. Samsung Electronics and SK Hynix slumped 8.7% ev…
Kioxia Holdings has begun shipping samples of its next-generation 332-layer 3D flash memory chips to AI data center operators, aiming to capture a larger share of the growing market. The new chips off…