Kioxia Tops ¥30 Trillion Market Value as AI-Fueled Memory Demand Bets Build
Updated
Updated · Nikkei Asia · May 21
Kioxia Tops ¥30 Trillion Market Value as AI-Fueled Memory Demand Bets Build
3 articles · Updated · Nikkei Asia · May 21
$188 billion in market value put Kioxia above the ¥30 trillion threshold for the first time in Tokyo trading on Thursday.
Investor buying accelerated on expectations that the AI investment boom will lift demand for memory chips, a core market for Kioxia's NAND flash products.
Nvidia's strong earnings announcement helped drive broader gains in AI-related stocks on May 20, reinforcing the rally that lifted Kioxia.
The move underscores how enthusiasm around AI infrastructure is spilling beyond processors into memory-chip makers tied to data-center expansion.
Can Kioxia’s flash memory innovations solve the AI data bottleneck that even industry giants are struggling with?
As the AI boom devours memory chips, will Kioxia's success mean more expensive cars and phones for everyone else?
Is Kioxia's record valuation a sustainable tech revival or just a prelude to a massive private equity sell-off?