285A.T is trading 8% up at ¥99,930 after investors reacted to Kioxia’s record profit guidance and booming AI-driven NAND flash demand.
- The company projected an operating profit of approximately ¥1.3 trillion for the April–June 2026 quarter, a figure that far exceeds prior records.
- Growth is supported by sharply higher NAND prices and strong demand from AI data centers, which has significantly transformed the firm's earnings outlook.
- The updated guidance positions the company among Japan’s most profitable firms, reflecting a structural shift in the semiconductor market.