285A.T is trading approximately 8% up at ¥99,880 as investors react to record-breaking profit guidance and surging demand for AI-related NAND flash memory.
- Kioxia has guided for an operating profit of roughly ¥1.3 trillion for the April–June 2026 quarter, far exceeding prior records and analyst expectations.
- The optimistic outlook is driven by strong pricing power and significant storage needs for AI-focused datacenters.
- The move extends a volatile week for the stock as markets continue to reward AI-leveraged memory names despite broader tech sector swings.