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Japan's Kioxia sees flash memory demand almost tripling by 2028 [Yahoo! Finance]

Western Digital Corporation (WDC)  More Company Research Source: Yahoo! Finance
Last western digital corporation earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.wdc.com
2.7 times in the five years to 2028 on the back of the boom in artificial intelligence. The chipmaker, which was hammered by a downturn in the market for memory chips, is readying a major capacity expansion at its new fab at Kitakami in Iwate prefecture, north of Tokyo. Kioxia, formerly Toshiba Memory, had planned to begin production at the fab last year but has delayed that to autumn 2025. The chipmaker has seen years of upheaval including its carve-out from scandal-hit Toshiba by the Bain-led consortium. Kioxia also makes chips at Yokkaichi in Mie prefecture in central Japan and in July said it has begun sample shipments of its latest generation of NAND flash memory. The growth of AI is driving investment in servers and the introduction of AI features is seen as having the potential to drive renewed demand for smartphones and PCs. Kioxia has space in Yokkaichi and "by having the Kitakami factory operating next autumn we should have sufficient room to respond," Tomoharu W [Read more]
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Stockreport

Japan's Kioxia sees flash memory demand almost tripling by 2028 [Yahoo! Finance]

Western Digital Corporation  (WDC) 
More Company Research Source: Yahoo! Finance
Last western digital corporation earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.wdc.com
2.7 times in the five years to 2028 on the back of the boom in artificial intelligence. The chipmaker, which was hammered by a downturn in the market for memory chips, is readying a major capacity expansion at its new fab at Kitakami in Iwate prefecture, north of Tokyo. Kioxia, formerly Toshiba Memory, had planned to begin production at the fab last year but has delayed that to autumn 2025. The chipmaker has seen years of upheaval including its carve-out from scandal-hit Toshiba by the Bain-led consortium. Kioxia also makes chips at Yokkaichi in Mie prefecture in central Japan and in July said it has begun sample shipments of its latest generation of NAND flash memory. The growth of AI is driving investment in servers and the introduction of AI features is seen as having the potential to drive renewed demand for smartphones and PCs. Kioxia has space in Yokkaichi and "by having the Kitakami factory operating next autumn we should have sufficient room to respond," Tomoharu W [Read more]
IMPACT SNAPSHOT
EVENT TIME:
WDC
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS