Asian memory-chip stocks rose after SanDisk's upbeat long-term outlook. Kioxia Holdings jumped as much as 8.7% in Tokyo and SK Hynix rose as much as 6.5% in Seoul. The Bloomberg Asia Semiconductor Index climbed 1.6%, poised for a fifth straight session of gains. SanDisk said it expects revenue to grow 15–20% in 2028–2030, driven by long-term pricing agreements with customers. Ortus Advisors Japan equity strategist Andrew Jackson wrote that long-term contracts for NAND flash could help smooth the

2026-08-14

Asian memory-chip stocks rose after SanDisk's upbeat long-term outlook. Kioxia Holdings jumped as much as 8.7% in Tokyo and SK Hynix rose as much as 6.5% in Seoul. The Bloomberg Asia Semiconductor Index climbed 1.6%, poised for a fifth straight session of gains. SanDisk said it expects revenue to grow 15–20% in 2028–2030, driven by long-term pricing agreements with customers. Ortus Advisors Japan equity strategist Andrew Jackson wrote that long-term contracts for NAND flash could help smooth the classic boom‑and‑bust cycle versus more volatile spot memory prices.