Rising cost of data center debt also poses a risk to memory supplier
Kioxia's April-September earnings, due out Oct. 30, are expected to show a historic profit gain. (Kioxia)
KYOHEI SUGA
October 16, 2026 01:18 JST
TOKYO -- Japanese memory chip maker Kioxia Holdings' market value has shrunk to one-third of the peak it reached just four months ago, as rising interest rates threaten data centers' business model and Chinese competitors close in.