Kioxia secures US$841 million loan to boost latest NAND production for AI and data centers

Chiang, Jen-Chieh, Taipei; Levi Li, DIGITIMES Asia Wednesday 25 September 2024 0

Credit: AFP

Kioxia, a leading player in the NAND flash industry, has secured a loan commitment of JPY120 billion (US$841 million) from major financial institutions. This financing will enable Kioxia to enhance its NAND flash production capacity, meeting the rising...

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