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Japan’s Kioxia Sees AI Driving Strong Memory Growth for Years

Kioxia Holdings Corp. anticipates demand for NAND storage will grow by roughly 20% each year as AI data center operators keep scaling up.The Tokyo-based memory maker is confident that the market will sustain that rapid clip of expansion and is making investment decisions on a monthly basis to ensure its new plant is up to the task of filling the demand, Executive Vice President Tomoharu Watanabe told Bloomberg News. Kioxia’s specialty is in NAND flash memory, which is used everywhere from smartp...

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