KIOXIA is trading 6% up now at ¥52,090 as investors react to strong Q1 FY2026 earnings and major shareholder return initiatives.
- The company announced a massive ¥800 billion share buyback and a 3-for-1 stock split, fueled by robust AI-driven memory demand.
- Bullish sentiment is further supported by a sector-wide rally in memory chip stocks following the introduction of new AI-focused High Bandwidth Flash standards.