🟢 285A.T is trading 5% up today after S&P upgrade to investment grade

285A.T is trading 5% up today at ¥60,290 after S&P Global Ratings upgraded the company’s credit rating to investment grade.

• S&P lifted Kioxia’s long-term issuer rating to BBB- with a stable outlook, citing strong AI-driven memory demand and expectations for an improving balance sheet.
• The upgrade is expected to enhance the company's funding profile and investor perception, helping to extend a sharp multi-day rally.
• Positive sentiment remains high for the stock as the NAND and AI storage sectors continue to show robust growth.