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Kioxia Dismisses SK Hynix Tie-Up, Vows to Ease Chip Price Rises
Source: Bloomberg
Artificial IntelligenceCommodities & Raw MaterialsM&A & RestructuringTechnology & InnovationCompany Fundamentals
Kioxia’s chief executive downplayed the prospect of deeper ties with rival and shareholder SK Hynix, limiting expectations for a potential strategic combination. The company also pledged to restrain surging memory-price increases to protect long-term AI-driven demand, balancing near-term pricing gains against demand sustainability.
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