Kioxia Holdings (KIOXIA) perpetual market

Kioxia Holdings is a Japanese semiconductor company that develops, manufactures and sells flash memory and storage products. It traces its origins to Toshiba, which invented NAND flash memory in the 1980s, and was carved out as an independent business before adopting the Kioxia name. The company is one of the world's largest producers of NAND flash, the non-volatile memory used to store data in smartphones, personal computers, servers and other devices, and it also supplies solid-state drives built on that memory for consumer and data-center use. Kioxia operates major fabrication plants in Japan and partners with Western Digital on memory production. Demand for its chips is closely tied to consumer electronics cycles and, increasingly, to data centers building storage capacity for artificial intelligence workloads. Kioxia listed on the Tokyo Stock Exchange Prime Market in December 2024.