Skip to main content

Share story

Infrastructure

Nanya Raises $2.5 Billion From Sandisk, Solidigm, Cisco, and Kioxia to Expand Advanced Memory Chip Production

Nanya Raises $2.5 Billion From Sandisk, Solidigm, Cisco, and Kioxia to Expand Advanced Memory Chip Production Image: Primary
Taiwanese memory chipmaker Nanya Technology raised $2.5 billion in a private placement from a consortium of strategic investors including Sandisk, SK Hynix's Solidigm, Cisco, and Kioxia. The raise is designed to fund expansion of advanced memory chip production at a moment when the sector is navigating both a demand compression shock from AI efficiency algorithms and persistent supply chain constraints. [Instagram] Nanya Technology just raised $2.5 billion in a private placement from Sandisk, SK Hynix's Solidigm, Cisco, and Kioxia. The consortium of strategic investors is betting on advanced memory production at a time when the sector is under simultaneous pressure from AI compression algorithms and supply shortages. [LinkedIn] Taiwanese memory chipmaker Nanya Technology raised $2.5 billion in a private placement from a consortium including Sandisk, SK Hynix's Solidigm, Cisco, and Kioxia. The raise funds expansion of advanced memory chip production at a critical moment: demand-side pressure from Google's TurboQuant compression algorithm this week wiped $100 billion from memory stocks, while Sony has simultaneously halted nearly all memory card orders due to component shortages. The Nanya investment signals long-term conviction in memory capacity despite near-term volatility.
Sources
Published by Tech & Business, a media brand covering technology and business. This story was sourced from , and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Infrastructure Products
Infrastructure Products

Amazon commits more than €16 billion to German operations in 2027

Amazon announced plans to invest more than €16 billion ($18 billion) in Germany in 2027, including €4.8 billion to expand its AWS data centre region around Frankfurt. The company also plans a second robotics and AI research lab in...

Capital AI
Capital AI

Daytona raises $60M Series B at $1B valuation

Daytona raised a $60M Series B led by FirstMark at a $1B valuation, Fortune reported. The company is building cloud infrastructure for AI agents. The round brings Daytona's total funding to $91M, adding capital for its infrastruct...

AI Infrastructure
AI Infrastructure

Google open-sources TorchTPU for native PyTorch workloads on TPUs

Google released TorchTPU as open source on GitHub, saying the stack lets developers train and serve existing PyTorch models on its TPU accelerators with minimal code changes. Co-developed with Meta's PyTorch team, it supports fami...