APAC Wrap: 3 July 2026

Jul 03, 2026

∙ Paid

Kioxia

Remarkable 23% swing from the low today.

Kioxia announced the production of 10th Gen 3D Flash at Kitakami 2 today as well as the shipping of samples to customers.

I understand UBS also published a note forecasting 28%/11% ASP increase in Q3/Q4 ‘26.

Perhaps more important was the slew of notes defending Meta Cloud, which seemed to outweigh the Reute…