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Kioxia

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business29 days ago•2 min saved

SanDisk stock rockets after strong Q2 results, extends Kioxia JV through 2034

SanDisk posted Q2 2026 revenue of $3.03B (up 31% QoQ, 61% YoY) with non-GAAP EPS of $6.20 and a gross margin of 51.1%. Datacenter revenue rose 76% and the company guided Q3 revenue of $4.4–$4.8B with non-GAAP EPS of $12–$14. It also extended its joint venture with Kioxia through Dec. 31, 2034 and will pay $1.16B for manufacturing services 2026–2029. In after-hours trading, SNDK jumped about 22% to around $660 following the results and JV news.

via Benzinga|

#business #earnings #kioxia

business1 month ago•2 min saved

Japanese Company Surges to 2025's Top Global Stock Thanks to AI Memory Demand

Kioxia Holdings, a Tokyo-listed memory chip maker, became the best-performing stock of 2025 by capitalizing on the surge in demand for data storage driven by AI growth, with shares soaring 540%, outperforming major US tech giants, amid a global shortage of memory chips that is boosting prices and revenues for manufacturers like Kioxia.

via Yahoo Finance|

#ai #business #demand-supply-imbalance

business2 years ago•1 min saved

Western Digital's Flash Memory Business to Split Amidst Stalled Kioxia Merger Talks

Western Digital has announced plans to spin off its flash memory business after talks of merging the unit with Japan's Kioxia stalled. The split will create two publicly traded firms, with Western Digital focusing on its traditional hard-disk drive business. The move comes in response to demands from activist investor Elliott. The flash memory unit has been grappling with a supply glut, and the merger talks aimed to address this issue. However, the latest attempt at the deal stalled due to opposition from Kioxia investor SK Hynix. Western Digital's CEO stated that a stand-alone separation is the right next step for the company, and the planned separation is targeted for the second half of 2024.

via Reuters|

#business #flash-memory-business #kioxia

technology2 years ago•2 min saved

Kioxia Introduces High-Capacity CD8P SSD with Lightning-Fast PCIe 5.0 Interface

Kioxia has unveiled its CD8P SSD drives for data centers, offering high storage capacity of up to 30.72 TB and high sequential read performance of up to 12,000 MB/s. The single-port drives are designed for hyperscale data centers and come in E3.S and U.2 form factors. They feature enterprise-grade features and are available in two versions: CD8P-V for mixed-use applications and CD8P-R for read-intensive workloads. The CD8P SSDs are positioned for a broad range of scale-out and cloud workloads, as well as AI-oriented workloads. Shipping dates have not been announced yet.

via AnandTech|

#cd8p-ssd #data-centers #hyperscale

storage2 years ago•3 min saved

Kioxia Launches Affordable PCIe Gen4 SSDs with BiCS6 Technology.

Kioxia has introduced the BG6 series of M.2 2230 client NVMe SSDs, which updates the NAND generation from BiCS5 to BiCS6 for select capacities, allowing for 2TB M.2 2230 SSDs to be brought to market. The BG6 series continues the DRAMless strategy and dual-chip design of the BG5, with performance numbers now placing it in the mainstream category for PCIe 4.0 SSDs. The company is focusing on the 1TB and 2TB SKUs due to higher demand, with the drives expected to be available for consumers in the holiday season or early next year.

via AnandTech|

#bics6 #kioxia #m2