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Kioxia's Market Cap Breaks 50 Trillion Yen as NAND Prices Surge 70-75%, but CapEx Remains 10% Below 2023 Peak

2026-06-18 05:00:53

According to Odaily, citing AI investor Lufang on X, Kioxia's market capitalization surpassed 50 trillion yen. However, the memory chipmaker plans to maintain cautious capital expenditure, budgeting 470 billion yen annually for 2026–2028, up 66% from 2025 but down about 10% from the 510.4 billion yen peak in 2023.

NAND flash contract prices surged 70–75% quarter-on-quarter in Q2 2026, as supply shortages intensify. Kioxia targets converting 50% of total shipments into long-term supply agreements by 2028 to establish stable revenue streams.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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