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KIOXIA HOLDINGS CORP
Sandisk forecasts profit surge, secures supply deal as AI fuels storage demandThe data storage firm forecast fiscal third-quarter revenue with a midpoint of $4.6 billion and adjusted profit with a midpoint of $14 per ...
AI memory demand propels Kioxia to world’s best-performing stockJapanese memory chipmaker Kioxia Holdings Corp has seen its stock surge by an astonishing 540% this year, becoming the top performer on Jap...
View: Nvidia isn't the only one getting a massive AI boostAmong those companies dwarfed by the $200 billion jump in Nvidia’s value are two of the most-important enablers of the AI revolution. Betwe...
Dow, S&P edge up as data, debt ceiling curb gainsThe S&P 500 and Dow Jones closed up on Monday following weak manufacturing data, which raised concerns about the economic slowdown, which c...
S&P 500, Dow muted on slowdown fears; Meta lifts NasdaqThe S&P 500 and Dow traded flat on Monday after manufacturing data raised concerns about an economic slowdown. The Nasdaq was boosted by Me...
Kioxia, Western Digital speed up merger talks as memory chip demand slumps: reportJapan's Kioxia and US chipmaker Western Digital have been hit hard by plunging market demand and oversupply. Combining their flash memory b...
Toshiba working with JIP to expedite $15-billion buyoutAfter Toshiba's board in March accepted a 2 trillion yen ($14.8 billion) buyout offer from the JIP-led group, Toshiba has "received positiv...
Wall Street rises as chipmakers lead tech shares higherInvestors are eyeing results from Microsoft Corp, Tesla Inc, IBM and Intel this week to see how their business are coping with the threat o...
Chipmakers see ‘breathtaking’ drop in demand as recession loomsSamsung -- the world’s largest memory chip maker -- reported a 32% dive in operating income, while PC-processor chipmaker AMD said it will ...
Toshiba sets March date for initial vote on break-up planThe final vote to determine whether to break up the 146-year-old conglomerate won't happen until next year but the meeting will be an impor...
Toshiba says now plans to split into two companies instead of threeIts revised plan is still expected, however, to face much pushback from foreign hedge funds, many of whom have been opposed to any kind of ...
Japan's Nikkei crawls up as transport gains; caution remains before Jackson HoleThe Nikkei share average edged up 0.06% to close at 27,742.29, after swinging up 0.37% and down 0.14%. The broader Topix edged down 0.02% t...
Nikkei ends flat as Japan shares stay tepid over corporate earnings uncertaintyNikkei share average was flat at 28,875.23, while the broader Topix slipped 0.10 per cent to 1,947.10.
Japan shares rise as IT sector shines on bright semiconductor outlookSentiment in Japan brightened after the Bank of Japan's tankan survey showed business sentiment has returned to where it was before the ons...
IPOs in Japan haven’t been this hot since the dot-com bubbleThe average initial pop for IPOs in the Japanese market this year was nearly 130 per cent, the most since 1999.
Nikkei ends higher on boost from ex-dividend stocksInvestors took cues from Wall Street's positive finish on Friday when main indexes gained more than 1%, while in Japan, analysts cited dema...
Nikkei dips on worries over rising coronavirus casesThe benchmark Nikkei share average retreated from early slight gains and finished 0.18 per cent lower at 22,437.27, with 72 advancers again...