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…
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…
Micron Technology is investing 1.5 trillion yen ($10 billion) to expand its Hiroshima plant, with a 536 billion yen subsidy from Japan's METI, to secure the supply chain for high-bandwidth memory used…
Kioxia Holdings overhauled its executive compensation to a variable, uncapped structure tied to its stock price after shares surged 660% year-to-date amid soaring AI-driven demand for NAND flash memor…
Bain Capital is set to earn approximately $15 billion in profits from its 2018 acquisition of Kioxia, the former Toshiba Memory unit, driven by surging AI demand for data storage. The private equity f…