Taiwanese memory chipmaker Nanya raised $2.5B in a private placement from Sandisk, SK Hynix's Solidigm, Cisco, and Kioxia to expand advanced chip production
Taiwanese memory chipmaker Nanya raised $2.5B in a private placement from Sandisk, SK Hynix's Solidigm, Cisco, and Kioxia to expand advanced chip production
Shares of Taiwanese memory chip maker Nanya Technology (2408.TW) opened limit-up 10% on Thursday after raising about $2.5 billion …
SanDisk's stock has surged ~1,000% since August, driven by AI demand for its data storage products; SanDisk has a cost advantage due to its JV with Kioxia
Kioxia's shares rose 6%+ on its first day of trading in Tokyo, giving the chipmaker a ~$5.2B market cap; a group led by Bain had paid $18B for Kioxia in 2018
Private equity group finally floats Japanese flash memory provider at a valuation far below what it paid in 2018
Japanese chipmaker Kioxia's dramatic valuation drop from $18B in 2018 to $5.1B in its upcoming IPO is due to its high debt and lower AI exposure than rivals
Kioxia is going for a discount due to its high debt and lower AI exposure than rivals — Japan's last blockbuster initial public offering …
Filing: Japanese chipmaker Kioxia set its IPO price at ~$9.70, in the middle of its range, raising ~$800M and valuing it at ~$5.2B, for its December 18 listing
Filing: Japanese chipmaker Kioxia plans to make its Tokyo Stock Exchange debut on December 18 and sets its indicative IPO price at ~$9 per share to raise ~$180M
Yuki Furukawa / Bloomberg :
Kioxia and WD report contamination at two NAND production factories, impacting up to 6.5EB of storage; TrendForce says NAND prices could rise 5%-10% in Q2
Update 2/10/2022, 3am PT: Analyst firm TrendForce has now reported that the incident could cause NAND flash prices to spike 5 to 10% in Q2 …
Source: Japan is allocating $5.2B in fiscal 2021 to support semiconductor manufacturers, including $3.5B for TSMC
Micron and Kioxia set to get subsidies for domestic memory chip factories — The Japanese government has made plans to ensure a stable domestic supply of microchips.