Memory Expansion at Full Speed: Kioxia and Sandisk Invest $31 Billion in Japan's Memory Chip Production!
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Memory manufacturers Kioxia and Sandisk plan to invest over $31 billion in expanding their production in Japan. They are responding to the scarce but essential memory technology for AI data centers – Kioxia's stock is rising in Tokyo. Billions for new factories Kioxia and Sandisk plan to invest over JPY 5 trillion ($31.4 billion) in expanding their manufacturing capacity in Japan over the next six years. This was announced by Kioxia CEO Hiroo Ota on Thursday. JPY 1.8 trillion alone will flow into a new plant in Kitakami, which is set to...
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