KIOXIA Corporation announces AI inference strategy
It outlines targeted investments, annual CapEx ¥470 billion and R&D ¥230 billion, a shift to datacenter sales over 60%, and SSD products optimized for AI inference.
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Global leader in flash memory and SSDs
kioxia.comLast updated
In short: KIOXIA experienced significant growth driven by AI demand, achieving record market capitalization in Japan and preparing for a U.S. stock listing.
It outlines targeted investments, annual CapEx ¥470 billion and R&D ¥230 billion, a shift to datacenter sales over 60%, and SSD products optimized for AI inference.
The upgrade reflects strong profitability from NAND demand and improved financial position. Outlook stable.
The company was selected for its compelling vision and proactive strategy in balancing risks and opportunities in flash memory and SSD markets driven by AI data growth.
Revenue reached 2,337.6 billion yen, with profit attributable to owners up 103.6%.
The 2018 buyout of Kioxia, formerly Toshiba Memory, has surged over 5,000% as AI demand boosts memory chips.
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