Memory Expansion at Full Speed: Kioxia and Sandisk Invest 31 Billion USD in Japan's Memory Chip Production!
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Memory manufacturers Kioxia and Sandisk plan to invest over 31 billion USD 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 5 trillion Yen (31.4 billion USD) in expanding their manufacturing capacity in Japan over the next six years. This was announced by Kioxia CEO Hiroo Ota on Thursday. Alone, 1.8 trillion Yen will flow into a new plant in Kitakami, which is set...
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