Kioxia ships next-generation NAND samples as AI inference boosts demand for high-capacity storage
Kioxia shipping next-gen NAND samples and signaling Fab2 expansion highlights tightening supply and accelerating demand for high-capacity flash as AI workloads shift toward inference. The narrative suggests Kioxia is a key near-term supplier amid an industry upcycle, while longer-dated plans for a stock split and potential US-listed ADS (from FY2027) point to future capital-market optionality. Competitive capacity additions remain a medium-term risk.
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Kioxia has shipped samples of its next-generation NAND flash memory to customers as demand for high-capacity storage jumps in the AI inference phase. The company plans to expand output at its Fab2 wafer plant to meet rising market demand. It is also considering a stock split and plans to list American depositary shares on a U.S. exchange from April 2027. Its IPO plans had been pushed back to late 2024 after a downturn in memory prices, and the company is not currently listed on any exchange.