🟢 KXIAY surged 11% on June 22nd on record profit outlook and surging AI data-center demand

KXIAY saw a significant surge of 11.21% on June 22, 2026, extending a multi-day rally.

• This rally is driven by strong optimism surrounding Kioxia's forecast for record operating profit in the April-June 2026 quarter, expecting a 48-fold increase in net profit.
• The company is benefiting from its critical role as a key NAND and SSD supplier amidst surging demand from AI data centers.
• The sustained momentum and positive sentiment have been further reinforced by recent reports, including Kioxia reportedly surpassing Toyota in market capitalization.