(FILES) This photo taken in October 2023 shows the logo of Kioxia, the world's third largest manufacturer of NAND flash memory chips, at one of their sites in the city of Yokohama, Kanagawa prefecture, south of Tokyo. Ferocious AI-driven demand delivered quarterly net profit more than 45 times higher than last year's figure for Japanese chipmaker Kioxia, the company said on July 31, 2026. (Photo by JIJI Press / AFP via Getty Images) / Japan OUT

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