Kioxia and Sandisk (SNDK) Begin Production of 10th-Generation 3D Flash Memory
Sandisk Corporation (NASDAQ:SNDK) is one of the 10 Most Undervalued NASDAQ Stocks to Buy Right Now. On July 3, Kioxia and Sandisk announced the start of production for their 10th-generation 3D flash memory technology at the Fab2 (K2) facility in Kitakami, Japan. This milestone follows the plant's opening in September 2025 and is part of a multi-year effort to increase manufacturing capacity to meet rising global demand for NAND flash memory, particularly for AI-driven applications.
The K2 facility uses advanced CBA technology, earthquake-resistant architecture, and artificial intelligence to maximize manufacturing efficiency and energy savings. By scaling production of both 8th- and 10th-generation products, the companies aim to provide high-performance, high-capacity, and low-power storage solutions that support their long-term growth targets.
This launch underscores the strength of the companies' long-standing joint venture, which was recently extended through December 2034. Through continued investments in the Kitakami plant, Kioxia and Sandisk Corporation (NASDAQ:SNDK) plan to maintain their competitiveness in the semiconductor industry while fostering economic development and strengthening US-Japan manufacturing relations.
Sandisk Corporation (NASDAQ:SNDK) develops and manufactures data storage devices and solutions based on NAND flash technology. Its offerings include solid-state drives, embedded products, removable cards, USB drives, and wafers and components, sold through consumer brands and global franchises.
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