Kioxia to Begin Mass Production of 10th-Gen NAND as AI Demand Drives Rapid Rebound
Kioxia will hold a ceremony at its Kitakami fab on Friday as it prepares to mass produce 10th-generation BiCS Flash NAND memory developed with SanDisk. The company’s shares have surged this year amid an AI-driven shift in memory demand, lifting its market value above $250 billion. Kioxia, acquired by a Bain-led group in 2018, says it is considering…