Kioxia Plans to Build a Third Wafer Fab in Iwate, Japan, to Expand Capacity for AI Storage Chips

TechFlow reported on August 27 that, according to Bloomberg, Kioxia Holdings plans to build a third wafer fab at its production base in Kitakami City, Iwate Prefecture, Japan, to expand storage chip capacity and meet growing AI-related demand. Sources familiar with the matter stated that the new factory will produce the company's latest high-density 3D NAND flash chips, designed to handle large-scale data workloads generated by AI services; Kioxia already began shipping its tenth-generation BiCS Flash stacked NAND products last month. The plan remains undisclosed, with construction timelines and investment figures yet to be revealed.