#kioxia Tech News.
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Kioxia became Japan's most valuable company as AI demand drives its market capitalization higher. The semiconductor firm's stock surge reflects continued investor enthusiasm for artificial intelligence hardware. Kioxia now leads Japanese corporate valuations amid the ongoing AI boom.
Kioxia, an overlooked memory chipmaker trading over the counter, has rallied about 560% year to date. The company benefits from soaring AI demand for memory chips in data centers. Kioxia and Sandisk extended their manufacturing joint venture through 2034, with Sandisk paying $1.165 billion in access fees.
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