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

Odaily Planet Daily News: Kioxia President Hayasaka stated in an interview that the special demand spurred by AI is "fundamentally different from the past IT bubble." As the market environment has undergone a major shift from the previous model dominated by spot transactions, giant IT companies operating data centers have successively expressed intentions for long-term contracts spanning multiple years, presenting an opportunity to establish a solid operational foundation.

Note: Kioxia is the world's third-largest NAND producer, trailing only Samsung Memory and SK Hynix, with a current market capitalization of $178 billion.