285A.T is trading 8.9% up now at ¥100,700 as investors cheer Kioxia’s record profit guidance and booming AI-related NAND demand.
- The company projected approximately ¥1.3 trillion in operating profit for the June quarter, far exceeding prior records and analyst expectations.
- Growth is being driven by surging NAND pricing and robust demand from AI data centers and enterprise customers, which has sharply strengthened the company's earnings outlook and valuation.