Nikkei 225 Index drops 1.23% at the opening, storage stock Kioxia plunges 10.75%
BlockBeats news, on July 3, according to Bitget market data, the Nikkei 225 index fell 1.23% at the start of trading, and storage stock Kioxia plunged 10.75%. Today, Kioxia announced it has begun shipping samples of its 1TB triple-level cell storage device utilizing its 10th-generation BiCS FLASH 3D flash memory technology.
Kioxia Holdings Corporation (formerly Toshiba’s storage division) and SanDisk have been jointly developing BiCS FLASH 3D NAND technology for a long time. Since the prototype’s release in 2007, it has iterated to the 10th generation, focusing on increasing vertically stacked layers, optimizing bit density, and balancing energy efficiency to meet the explosive demand for high-capacity, high-performance storage in AI, data centers, and enterprise SSDs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BoE’s Greene says it is appropriate to proactively tighten our monetary policy stance
CoreWeave plans to issue at least $4 billion in investment-grade loans, falling nearly 6% after hours
According to Bloomberg, CoreWeave is seeking to refinance at least 4 billion USD through an investment-grade loan, led by Morgan Stanley and Mitsubishi UFJ, with a syndication roadshow expected to start as soon as next week. This financing continues the structure of using Nvidia chips and customer contracts as collateral, with the yield on the issuance anticipated to be around 7% to 7.5%, much lower than its junk bond yield. Following the news, CoreWeave's shares fell nearly 5.8% after hours.
Outperformed the S&P by 19.2 percentage points in one month: Berkshire (BRK.B) achieves its highest monthly relative advantage since 2010, second only to the 2008 financial crisis
As the AI trading boom subsides and technology stocks waver, one of the market’s oldest “safe havens” has once again proven its value. Berkshire Hathaway (BRK.B) has just recorded one of its most notable relative gains in over a decade.
Crypto prices
More
