Chip supplier's July-September outlook falls short of analyst estimates
Kioxia forecasts 36-fold profit spike to 2.1T yen in H1 FY2026, fueled by AI data-center memory chip orders. Agentic AI adoption signals sustained enterprise spending on AI infrastructure; memory supply constraints intensify amid expanding data-center demand.
Japanese chipmaker aims to begin mass production in 2027
TOKYO, July 31 : Kioxia said on Friday it expects to report operating profit of 1.89 trillion yen ($11.78 billion) in the July-September quarter as AI investment boosts demand for its memory chips. • That compares with…
Kioxia's net profit surged 45x to 842 billion yen in Q2, driven by AI demand for NAND flash and HBM memory. The memory chip supply constraint persists; elevated costs will remain critical capex burden for AI infrastructure deployment.
TOKYO, July 31 : Kioxia said on Friday it expects to report operating profit of 1.89 trillion yen ($11.78 billion) in the July-September quarter as AI investment boosts demand for…
Ferocious AI-driven demand delivered quarterly net profit more than 45 times higher than last year's figure for Japanese chipmaker Kioxia, the company said Friday.
Tokyo, July 31 (Jiji Press)--Kioxia Holdings Corp. said Friday that its consolidated net profit in the six months to September is expected to jump about 36-fold from a year before…
Micron, SK Hynix, Samsung line up big capacity investments as Kioxia plays catch-up
