TOKYO--(BUSINESS WIRE)--Dec 17, 2025--
Kioxia Corporation today announced that its 2.5-inch KIOXIA CM7 Series Enterprise PCIe ® 5.0 NVMe™ 2.0, KIOXIA CD8P Series Data Center PCIe 5.0 NVMe 2.0 and KIOXIA CD8 Series Data Center PCIe 4.0 NVMe 1.4 SSDs have been successfully tested for compatibility and interoperability with the Adaptec ® SmartRAID 4300 Series RAID storage accelerator card from Microchip Technology Inc.
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The Adaptec SmartRAID 4300 accelerator supports up to 32 NVMe SSDs, with each drive directly connected to the CPU through its own dedicated channel. This design eliminates the PCIe bottleneck typically associated with a traditional single x16 host interface, enabling each SSD to operate at peak performance. This innovative architecture delivers exceptional throughput and IOPS, making it an ideal solution for data-intensive enterprise applications. The success of next-generation data center infrastructures relies on ecosystem collaboration and interoperability to ensure seamless integration of current and future technologies.
About Kioxia
Kioxia is a world leader in memory solutions, dedicated to the development, production and sale of flash memory and solid-state drives (SSDs). In April 2017, its predecessor Toshiba Memory was spun off from Toshiba Corporation, the company that invented NAND flash memory in 1987. Kioxia is committed to uplifting the world with “memory” by offering products, services and systems that create choice for customers and memory-based value for society. Kioxia's innovative 3D flash memory technology, BiCS FLASH™, is shaping the future of storage in high-density applications, including advanced smartphones, PCs, automotive systems, data centers and generative AI systems.
*Information in this document, including product prices and specifications, content of services and contact information, is correct on the date of the announcement but is subject to change without prior notice.
KIOXIA CD8P Series Data Center SSD, KIOXIA CM7 Series Enterprise SSD, and KIOXIA CD8 Series Data Center SSD
NEW YORK (AP) — U.S. stocks are jumping on Thursday following an encouraging report on inflation that could help the Federal Reserve keep cutting interest rates next year. A strong profit report from Micron Technology also helped AI stocks halt their sharp slides, at least for now.
The S&P 500 rallied 1% and is on track for its best day in three weeks, coming off a four-day losing streak. The Dow Jones Industrial Average was up 315 points, or 0.7%, as of 10 a.m. Eastern time, and the strength for tech stocks had the Nasdaq composite up 1.4%.
Some relief came from a report showing that inflation was less bad last month than economists expected. That could soothe nerves at the Fed, which is responsible for keeping inflation low and for keeping the job market strong.
Inflation is of course still higher than anyone would like, at 2.7% last month, but if it creeps closer to the Fed’s target of 2%, Fed officials could feel more free to cut interest rates to help a slowing job market. Wall Street loves lower interest rates because they can boost the economy and prices for investments, even if they may also worsen inflation.
To be sure, some along Wall Street said Thursday’s inflation update may not move the needle much at the Fed given how noisy economic reports have been following the U.S. government’s earlier shutdown. Next month’s update on inflation could provide a better gauge of what’s actually happening. But a better-than-expected report on inflation is nevertheless better than the alternative.
Also helping to drive the U.S. stock market was Micron Technology, the seller of memory and storage for computers, which rallied 12.9% after reporting stronger profit and revenue for the latest quarter than analysts expected. CEO Sanjay Mehrotra said each of the company’s business units enjoyed stronger revenue and made more in profit off each $1 of that revenue.
Micron also gave encouraging forecasts for upcoming financial results, and Mehrotra credited its position as an “AI enabler,” among other things.
Billions of dollars are flowing into artificial-intelligence technology, which helped superstar stocks like Nvidia lead the market for years.
But questions have been rising about whether those stock prices shot too high and whether customers will get a good-enough return on AI investments through bigger profits and productivity. Worries are also weighing on companies that are borrowing lots of money to pay for investments.
Oracle and Broadcom have been at the center of such worries recently, and their stock prices have been falling sharply since last week even though both reported better profits for the latest quarter than analysts expected. On Thursday, Oracle rose 2.3%, and Broadcom added 0.8%.
Nvidia, the chip company that’s become Wall Street’s most influential because of its immense size, gained 1.7%.
Another winner was Trump Media & Technology Group, which jumped 38.2% to carve into some of its steep loss for the year so far, 69.3% coming into the day. The company, which began with President Donald Trump’s Truth Social platform and then moved into cryptocurrencies, financial investments and various other lines of business, is now moving into nuclear power.
It’s merging with TAE Technologies in an all-stock deal, where no cash will trade hands, and each company will own roughy half of the combined business. The companies said the deal would pair TMTG’s ability to raise money by attracting investors with TAE’s technology. They hope to get TAE’s nuclear-fusion reactors, which would create power in a similar way as the sun does, running commercially.
Cintas rose 3.8% after the provider of work uniforms and cleaning supplies reported stronger profit for the latest quarter than analysts expected, while also announcing a program to send up to $1 billion to shareholders by buying back its own stock.
Darden Restaurants, the company behind Olive Garden and LongHorn Steakhouse, climbed 2.2% even though its profit for the latest quarter fell short of analysts’ expectations. Its growth in revenue topped forecasts, benefiting from both the opening of new restaurants and increased revenue at its older locations.
CarMax swung sharply between gains and losses and was most recently down 1%. The auto retailer reported a stronger profit for the latest quarter than analysts expected. But it also said it may make less profit from each $1 of revenue in sales of used autos during the current quarter, as it tries to get more competitive in the market. It also plans to increase spending on marketing to drive customers to lots.
In stock markets abroad, indexes added 0.2% London, 0.4% in France and 0.5% in Germany after the Bank of England cut its key interest rate and the European Central Bank kept its steady.
Asian indexes were mixed, with stocks falling 1.5% in South Korea but adding 0.2% in Shanghai.
In the bond market, Treasury yields sank following the encouraging report on U.S. inflation.
The yield on the 10-year Treasury fell to 4.11% from 4.16% late Wednesday.
AP Business Writers Matt Ott and Elaine Kurtenbach contributed.
Dealers work near the screens showing the foreign exchange rate between U.S. dollar and South Korean won, left, and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a dealing room of Hana Bank in Seoul, South Korea, Thursday, Dec. 18, 2025. (AP Photo/Lee Jin-man)
Jim Boyle, CEO of Medline Industries, poses for a picture outside the Nasdaq MarketSite, Wednesday, Dec. 17, 2025, in New York. (AP Photo/Yuki Iwamura)
Dealers work near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Thursday, Dec. 18, 2025. (AP Photo/Lee Jin-man)
A dealer watches computer monitors at a dealing room of Hana Bank in Seoul, South Korea, Thursday, Dec. 18, 2025. (AP Photo/Lee Jin-man)
