AI boom raises memory maker's stock price 56-fold in 18 months

Memory chipmaker Kioxia briefly surpassed Toyota as Japan's most valuable company, reaching a $281 billion market cap fueled by surging AI-driven NAND flash

Kioxia has soared more than 670 per cent in 2026, making it the best performer on the MSCI World Index. Read more at straitstimes.com. Read more at straitstimes.com.