TechBloomberg Tech1h ago
Kioxia Dismisses SK Hynix Tie-Up, Vows to Ease Chip Price Rises
TL;DRKioxia rejected a deeper merger with SK Hynix and promised to limit memory chip price increases.
Why it matters: Memory chip pricing directly impacts AI infrastructure costs and datacenter economics for every major tech company.
Kioxia Holdings Corp.’s top executive brushed aside the likelihood of deeper ties with rival and stakeholder SK Hynix Inc., while pledging to keep surging memory prices at bay to avoid denting long-term AI demand.
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