Kioxia – Japan's NAND High-Flyer Attracts Topix Billions and AI Storage!

Kioxia is anticipating approximately $18.5 billion in passive inflows during the Topix rebalancing in October, as its index weight more than triples. At the same time, samples of the 10th generation chips for AI data centers are starting to be shipped – but after nearly +1,000%, bubble fears are pressuring the stock price. Topix Rebalancing Brings Billions Kioxia can hope for a significant capital influx. According to calculations by SMBC Nikko Securities, the Japanese memory manufacturer could receive passive inflows of around 3 trillion yen...