Kioxia is majority-owned by **Bain Capital** (a U.S. private equity firm, ~27-51% depending on recent sales。
Kioxia supplies NAND memory chips to several Mag 7 companies.
Also：
Long-standing business ties with Mag 7 and other AI players exist, such as the joint venture with Western Digital/SanDisk and collaborated with Google on clean energy initiatives for its operations.
Kioxia's stock surged dramatically in 2025 (up ~540%, outperforming the Mag 7 and the broader market
