Kioxia Denies Cooperation Plan with SK hynix, Says It Will Ease Upward Pressure on Memory Chip Prices
Source:
www.bloomberg.com
According to Bloomberg, Kioxia Holdings’ chief executive denied the possibility of strengthening ties with rival and shareholder SK hynix, stating that the company will manage the rapid rise in memory chip prices to prevent them from negatively impacting long-term demand in the artificial intelligence sector. Currently, memory chip makers are expanding capacity to meet surging orders from AI service providers, pushing related chip prices significantly higher. Some investors believe that such manufacturing partnerships could help mitigate the risks tied to large-scale capital expenditures.