Kioxia builds third chip plant in northern Japan
Kioxia Holdings, with manufacturing partner Sandisk, is preparing to build a third facility at its Iwate manufacturing site to produce high-density 3D NAND flash memory aimed at AI workloads. The planned expansion reflects rising AI-related demand for storage and comes as memory and storage prices climb worldwide, pressuring margins for firms from Nvidia to automakers. Kioxia said it is considering new facilities to raise corporate value, plans to seek Japanese subsidies, and will announce the expansion soon; the company recently began shipping 10th generation BiCS flash memory chips.
Kioxia will build a third Iwate plant for high-density NAND
Context
Memory demand has risen due to large AI workflows. Prices for memory and storage are climbing worldwide. The company may get government subsidies and will make a formal announcement soon.
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