285A.T is trading 6.8% up at ¥98,820 on enthusiasm for Kioxia’s record profit outlook and surging AI-driven NAND flash demand.
- Investors are bidding up the stock following forecasts for a ¥1.3 trillion operating profit, fueled by explosive demand from AI data centers.
- The outlook reinforces Kioxia’s position as a top global memory supplier and a primary beneficiary of the ongoing expansion in AI infrastructure.