SemiconductorsOnetime chip division sold amid crisis 10 years ago grows into $350bn companyToshiba sold its memory business, now known as Kioxia, while U.S. nuclear unit Westinghouse Electric filed for bankruptcy. (Source photos by Reuters, Nikkei)KOTARO HOSOKAWAJune 26, 2026 05:01 JSTTOKYO -- Toshiba once sought to lead the world in memory chips and nuclear power. But the Japanese conglomerate relinquished both businesses as it grappled with a business crisis that erupted in 2016. Ironically, a decade later, both fields are booming with the advent of artificial intelligence.
Toshiba's lost crown jewels: Kioxia, US nuclear power soar in AI era
Onetime chip division sold amid crisis 10 years ago grows into $350bn company
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