285A.T is trading 8.3% up today at ¥100,200 as investors react to Kioxia’s record profit guidance and a bullish recovery narrative for the NAND flash market.
- Kioxia issued guidance for approximately ¥1.3 trillion in operating profit, driven by tight supply and a significant rebound in memory pricing.
- NAND prices have more than doubled, supported by booming demand for AI-driven data centers and secured through long-term supply contracts.