'Japan's Kioxia And Western Digital's Chip Arm In Merger Talks' - Nikkei
Portfolio Pulse from Benzinga Newsdesk
Japan's Kioxia and the chip arm of Western Digital are reportedly in merger talks. The deal could potentially create a global giant in the semiconductor industry.
October 13, 2023 | 12:23 pm
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Western Digital's chip arm is in merger talks with Japan's Kioxia. If successful, this could strengthen Western Digital's position in the semiconductor industry.
A merger with Kioxia could potentially enhance Western Digital's capabilities and market share in the semiconductor industry. This could lead to increased revenues and profitability, which would likely have a positive impact on the company's stock price in the short term.
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