Why Kioxia is going easy on capex despite AI memory boom
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Why Kioxia is going easy on capex despite AI memory boom

Kioxia Holding mainly produces NAND memory products, such as these solid-state drives. (Photo by Yohei Fukai)

TOKYO — Japanese memory chip maker Kioxia Holdings is resisting the urge to rev up capital expenditures as it tries to ride a narrow track between growth and overcapacity.

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