COMPANIES · CHIP MFG & PACKAGING

Kioxia

Kioxia is a Japanese maker of NAND flash memory chips and solid-state drives (SSDs) that traces its roots to the 1987 invention of NAND flash; it produces its chips in Japanese fabs run jointly with Sandisk.

EnablerChip mfg & packaging
What it does

Kioxia is a Japanese maker of NAND flash memory chips and solid-state drives (SSDs) that traces its roots to the 1987 invention of NAND flash; it produces its chips in Japanese fabs run jointly with Sandisk.

Why it matters

Flash memory and SSDs hold the data AI systems store and move, and Kioxia makes both. Kioxia and Sandisk say their joint venture's advanced 3D flash memory addresses demand driven by generative AI, and that they manufacture it together in Japan.

How it makes money

Device makers, server and storage vendors and data center operators pay Kioxia for flash memory chips and SSDs.

Geography

Japan (Tokyo)

AI stack position

Chip manufacturing, memory and packaging. The foundries, memory makers, and packaging and testing businesses that physically manufacture AI chips. This is where a chip design actually becomes a real, physical piece of silicon.

Connections (6)

Every connection below is tied to a readable source, date, classification and statement of its limits. A company source establishes what that company stated; it does not necessarily provide independent confirmation.

Current relationships (2)

SK hynix holds convertible bonds in Kioxia
Invested inCurrent
Blocks and Files reported that SK hynix holds Kioxia convertible bonds representing a potential 14.19% stake, with conversion requiring Japanese government approval.

Source: 2026-09-14 · reviewed 2026-09-26

Evidence: Secondary reporting (unconfirmed by primary parties) · Reported holding; bonds not converted

Limits: Potential stake only; conversion requires government approval and has not been reported as done; does not establish board influence or any supply relationship.

US Listing? Me too says Kioxia ↗
Kioxia jointly develops and manufactures flash memory with Sandisk
Co-develops withCurrent
Kioxia and Sandisk said they extended their Yokkaichi joint venture through December 31, 2034, covering joint 3D flash memory development and investment, with Sandisk paying Kioxia $1.165 billion for manufacturing services from 2026 to 2029.

Source: 2026-01-29 · reviewed 2026-09-26

Evidence: Primary-source statement · Reported operating

Limits: Does not disclose each partner's output share, pricing of wafers, or the joint venture's profitability.

Kioxia and Sandisk Extend Yokkaichi Joint Venture Agreement Through 2034 ↗

Dated or announced (3)

Kioxia plans over $31 billion of joint fab investment with Sandisk
Partners withDated / announced
Kioxia and Sandisk announced plans to invest more than $31 billion (about 5 trillion yen) through 2032 in their Yokkaichi and Kitakami plants, contingent on government support.

Source: 2026-08-27 · reviewed 2026-09-26

Evidence: Primary-source statement · Announced; not confirmed operating

Limits: Planned investment contingent on government support; does not establish timing of spending, capacity added, or the split between the companies.

Kioxia and Sandisk to Invest Over $31 Billion in Japan, Extending Leadership in Memory Industry ↗
Kioxia took a private-placement stake in Nanya Technology
Invested inDated / announced
The Taipei Times reported that Kioxia subscribed for about 2% of Nanya Technology in a NT$78.72 billion private placement, with completion scheduled for April 8, 2026.

Source: 2026-03-27 · reviewed 2026-09-26

Evidence: Secondary reporting of an on-record executive statement · Announced; completion not confirmed by this source

Limits: Report of a subscription agreement; does not confirm that the shares were delivered, the current holding, or any board influence.

Nanya fundraising draws NT$78.72bn (Taipei Times) ↗
Kioxia is developing a 100-million-IOPS AI SSD at the request of NVIDIA
Co-develops withDated / announced
Tom's Hardware, citing Nikkei, reported that Kioxia is developing an SSD targeting 100 million IOPS for AI servers by 2027, and quoted a Kioxia SSD CTO saying development will follow NVIDIA's proposals and requests.

Source: 2025-09-12 · reviewed 2026-09-26

Evidence: Secondary reporting of an on-record executive statement · Development target; not confirmed shipping

Limits: Development plan reported secondhand; does not establish a purchase agreement, volumes, or that NVIDIA will adopt the product.

Nvidia and Kioxia target 100 million IOPS SSD in 2027 ↗

Comparisons (1)

Kioxia competes with Samsung Electronics
Competes withComparison only
TrendForce data for the third quarter of 2025 put Samsung first in NAND flash revenue share at 32.3% and Kioxia third at 15.3%.

Source: 2026-01-29 · reviewed 2026-09-26

Evidence: Analytical comparison · Product/market overlap

Limits: Research-firm market-share estimates for one quarter; does not establish head-to-head customer wins or current shares.

Second-Tier No More: Kioxia and SanDisk Balance Alliance and Rivalry in AI NAND Race ↗

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Inclusion in this database is not an endorsement of a company or its securities. Nothing here is a recommendation to buy or sell anything, and none of it is individualized investment advice. See the disclosures. Data: AI Map v3.24, released .