Kioxia Begins Shipping Next-Gen AI Memory Chips as CEO Vows Capacity Expansion
Kioxia (TYO:285A) has started sending samples of its new 332-layer 3D flash memory chips to AI data center operators, aiming to capture a larger share of the high-margin market, Bloomberg News reported on Thursday, citing CEO Hiroo Ota. The company claims its 10th-generation chips store 59% more data and offer superior efficiency and speed over its previous flagship model, the news wire said. Following the announcement, Kioxia's shares rebounded from steep losses to climb 9.2%, as Ota affirmed readiness to boost spending on production capacity, the publication said. Ota also emphasized that the company sees no signs of weakening data center demand, reinforcing its aggressive growth stance, the report said.
Kioxia (TYO:285A) has started sending samples of its new 332-layer 3D flash memory chips to AI data center operators, aiming to capture a larger share of the high-margin market, Bloomberg News reported on Thursday, citing CEO Hiroo Ota.
The company claims its 10th-generation chips store 59% more data and offer superior efficiency and speed over its previous flagship model, the news wire said.
Following the announcement, Kioxia's shares rebounded from steep losses to climb 9.2%, as Ota affirmed readiness to boost spending on production capacity, the publication said.
Ota also emphasized that the company sees no signs of weakening data center demand, reinforcing its aggressive growth stance, the report said.