Kioxia to Invest 77.4 Billion Yen in Nanya Technology to Ensure Stable DRAM Supply

Wallstreetcn
2026.03.25 10:02

Kioxia Holdings Corporation stated that it will invest approximately 77.4 billion yen in Nanya Technology and sign a long-term DRAM supply contract. Kioxia will purchase 70 million new shares of Nanya Technology, with the expected payment date set for April 8. As Kioxia's solid-state drive business expands, this collaboration aims to ensure the stability of DRAM supply. (Bloomberg)