🟢 KIOXIA is trading 5% up today on more than $31 billion Japanese investment

KIOXIA is trading 5% up now at ¥52,500 after announcing, with SanDisk, more than $31 billion of planned Japanese investment through 2032.

• Infrastructure and production capacity will expand at Yokkaichi and Kitakami.
• A new advanced flash-memory facility is planned at Kitakami.
• The investment targets rising AI and data-center memory demand, subject to Japanese government support.