Kioxia News - August 28, 2026
Kioxia and SanDisk Bet $31.4 Billion on NAND Expansion — But Can AI Demand Absorb It Before the Next Glut Arrives?
Shares slid 5.1% to $30.04 as investors punished Kioxia for announcing what amounts to a massive bet on future demand at a time when the stock is already...
🔴 KIOXIA is trading 7% down today after Japan expansion raised NAND oversupply concerns
KIOXIA is trading 7% down at $30.04 after investors reacted negatively to its planned Japan expansion with SanDisk. - The more-than-$31 billion investment...
Kioxia, SanDisk invest $31.4 billion in Japan, fueled by AI demand
Kioxia Holdings and SanDisk will invest over 5 trillion yen ($31.4 billion) to expand flash memory production in Japan. The investment program spans six years....