KIOXIA is trading 10.02% up now at $37.00 after SK Group Chairman Chey Tae-won identified cooperation with Kioxia as a potential option for a new Japanese memory plant.
- Potential cooperation could include joint production, research, and supply-chain sharing.
- A broader memory-stock rally reflects AI-driven demand and constrained NAND supply.
- U.S. markets are softer, making the company-specific partnership signal the stronger catalyst.