Kioxia President: Current AI Demand Shifts From Spot Trading to Multi-Year Contracts

According to Odaily, Kioxia president Hayasaka stated that current AI-driven demand fundamentally differs from past IT bubbles. The market has shifted from spot trading models to multi-year contracts, with major IT firms operating data centers increasingly submitting long-term purchase intentions spanning multiple years. This trend provides a foundation for establishing stable operations. Kioxia is the world's third-largest NAND flash memory producer, with a market capitalization of $178 billion.
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