Kioxia President: Current AI Demand Fundamentally Different from Past IT Bubble, Shifting from Spot Transactions to Multi-Year Long-Term Contracts

Odaily Planet Daily News According to an interview with Kioxia President Nobuo Hayasaka, the special demand driven by AI is "fundamentally different from the past IT bubble." As the market environment has drastically changed from a previous model focused mainly on spot transactions, major IT companies operating data centers are proposing long-term contracts spanning multiple years, which has become an opportunity to establish a solid operational foundation.

Note: Kioxia is the world's third-largest NAND producer, ranking after Samsung Memory and SK Hynix, with a current market value of 178 billion USD.