Kioxia Holdings Corp and Sandisk Corp plan to spend more than ¥5 trillion (US$31.4 billion) to ratchet up production capacity across Japan, aiming to boost output of a critical artificial intelligence (AI) data center component that is in short supply.The Tokyo-based maker of NAND flash memory aims

Kioxia Holdings will invest over ¥1 trillion in a new NAND flash memory fab at its Kitakami Plant in Iwate, targeting AI data center storage

Japanese company follows Korean rivals Samsung, SK Hynix in boosting output