KIOXIA is trading 13.58% up now at $38.80 after renewed enthusiasm for AI-related memory stocks.

  • Bloomberg reported that Kioxia shares rose as investors responded to surging AI demand.
  • SanDisk’s upbeat medium-term revenue outlook reinforced confidence in the memory-storage industry.
  • The move follows four consecutive advances and aligns with a broader DRAM and NAND rally driven by constrained supply and strong data-center demand.