Micron, SK Hynix, Samsung line up big capacity investments as Kioxia plays catch-up
Kioxia is among the memory suppliers investing in more capacity to meet AI-related demand. (Photo by Yohei Fukai)
TOKYO — Memory manufacturers are reaping the benefits of the flood of artificial intelligence spending by U.S. tech giants, bringing an influx of cash that is being plowed into investment to gain an edge in the race to meet demand.