Sandisk bets $31B in Japan to ride AI-memory surge
Sandisk and Japan’s Kioxia unveiled a $31 billion plan to expand memory-chip production in Japan through 2032, anchored by long-term contracts with data-center and edge customers that set floors and ceilings on pricing and cushion revenue. The move signals confidence in a coming AI-driven memory boom, but it hinges on government support and execution amid ongoing capacity expansion and price pressure in a cyclical industry.
