🟢 KIOXIA is trading 6% up today after SK Hynix discusses potential Japan chip plant

KIOXIA is trading 6% up now at $35.66 after SK Hynix Chairman Chey Tae-won discussed deeper cooperation, including a potential joint memory-chip plant in Japan.

• Kioxia confirmed existing MRAM research cooperation and intends to maintain a strong relationship with SK Hynix.
• The move is also supported by a broader memory-chip rally driven by AI demand and supply shortages.