On December 18, Japan's leading NAND Flash manufacturer, Kioxia, debuted on the Tokyo Stock Exchange’s Prime Market with its Initial Public Offering (IPO). According to a report from MoneyDJ, citing Nikkei, Kioxia’s president, Nobuo Hayasaka, announced on December 19 that the company plans to ur...

Is the DRAM winter really coming? Despite Micron’s sequential doubling of HBM revenue in the previous quarter, weak demand for PCs and smartphones, combined with a DRAM supply glut, continues to weigh on its business, as its second quarter guidance disappoints the market. Micron achieved record...

Ahead of Western Digital’s upcoming spin-off, a major personnel shake-up has already taken place, as the memory giant's Executive Vice President and General Manager, Robert Soderbery, who leads the NAND and SSD business unit, will step down on January 2, according to a report from Blocks and Files...

Following the footsteps of semiconductor bellwethers TSMC and Intel, U.S. head-quartered Micron becomes the first memory giant to secure the funding under the CHIPS Act. According to U.S. Department of Commerce, it has finalized a USD 6.165 billion government subsidy for Micron to support semiconduc...

According to a report from MoneyDJ, citing Reuters, Japanese NAND flash giant Kioxia will debut on the Tokyo Stock Exchange through an IPO on December 18. Kioxia has set its IPO price at 1,455 yen per share, giving the company a valuation of 784 billion yen (approximately USD 6.6 billion). The Re...