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Kioxia’s Market Cap Surpasses ¥50 Trillion, Capex Down 10% from 2023 Peak

Source: X Community

Kioxia, a major memory chip maker, saw its market capitalization exceed ¥50 trillion, reflecting strong investor confidence. However, the company plans to reduce capital expenditures by 10% from the 2023 peak, signaling a cautious approach amid market uncertainties.

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