Sandisk Bets $31B On Japan Memory Expansion With Kioxia
Sandisk and Kioxia plan to invest more than $31 billion in Japan through 2032, strengthening their partnership and flash memory capabilities.
Read original at benzingaStocks · News reference
Sandisk Says Leading NAND Technology Roadmap And Durable Customer Partnerships To Drive Sustainable Long-Term Value; Expects To Return 100% Of Excess Cash To Shareholders After Investing In The Business; Targets Mid-To-High Teens Revenue Growth, 80% Non-GAAP Gross Margin FY2028-FY2030
Leading NAND technology roadmap and durable customer partnerships to drive sustainable long-term valueFinancial model from FY2028 through FY2030 optimized for growth, sustainability and shareholder returnCompany expects
Reference details
Connected markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Aug 13, 2026, 3:08 PM
- Checked
- Aug 13, 2026, 3:08 PM
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related headlines
Why Is Sandisk Stock Surging on Thursday?
Sandisk Corporation (NASDAQ: SNDK) stock gains on Thursday as semiconductor memory makers move higher following Nvidia’s Q2 financial results.
Read original at benzingaSandisk And Kioxia Announce Anticipated Japan Investments Of Over $31B Through 2032, Contingent Upon Government Support
The investments through 2032 will continue to strengthen the Kioxia and Sandisk partnership, one of the most successful joint ventures across any industry. The partnership has helped drive decades of NAND flash memory
Read original at benzingaMicron Technology Has Fantastic News for Memory Stock Investors
Micron CEO Sanjay Mehrotra states that AI infrastructure demand has fundamentally changed the memory industry from cyclical to structural growth. Data center memory demand exceeds supply by 50%, with additional demand from autonomous vehicles and edge AI devices. Recent memory stock sell-offs present attractive buying opportunities as the sector is poised for long-term growth.
Read original at the-motley-fool