Kioxia executive rules out closer ties with SK Hynix, says chip price spikes will be checked

Bloomberg reported that Kioxia Holdings’ top executive rejected the possibility of forming a closer partnership with competitor and shareholder SK Hynix, while also saying the company would seek to keep sharp increases in memory-chip prices under control. The stated reason was to avoid hurting long-term demand tied to artificial intelligence. The remarks come as memory-chip makers are expanding capacity to meet a surge in orders from AI service providers. That demand has pushed prices for related chips materially higher. At the same time, some investors cited in the report said a manufacturing partnership could help reduce the risks associated with large-scale capital spending. The comments place Kioxia’s stance at the center of a broader industry debate over pricing discipline, capacity growth, and whether deeper cooperation between manufacturers could ease investment pressure as AI-related demand accelerates.