Kioxia Shares Freeze on Buy Orders After ¥1.3 Trillion Profit Outlook Beats Expectations
Updated
Updated · Bloomberg · May 18
Kioxia Shares Freeze on Buy Orders After ¥1.3 Trillion Profit Outlook Beats Expectations
1 articles · Updated · Bloomberg · May 18
Kioxia shares went untraded in Tokyo on Monday morning as buy orders flooded the market after the memory maker posted stronger-than-expected earnings and guidance.
¥1.3 trillion is the operating profit Kioxia expects for the June quarter, topping the record profit it earned in the full year ended March.
AI data-center storage demand drove the surge, lifting quarterly profit past expectations and above Toyota Motor's profit level.
The results underscore how AI infrastructure spending is turning Kioxia into one of Japan's most profitable companies.
Can Kioxia's AI memory boom defy the chip industry's historic boom-bust cycle?
As memory becomes AI's biggest bottleneck, is Kioxia the new gatekeeper of technological progress?
Kioxia’s 24-Fold Stock Surge: How AI Demand and NAND Innovation Drove a $155 Billion Market Transformation in 2026
Overview
In May 2026, Kioxia Holdings captured market attention with a record-breaking stock surge and strong profit forecasts, marking a dramatic turnaround from its 23% single-day decline in November 2025 when earnings disappointed investors. This volatility highlighted concerns about overvaluation but also underscored Kioxia’s resilience and ability to benefit from booming AI-driven demand for memory. The company’s rapid recovery and exceptional growth reflect both the dynamic nature of the semiconductor market and the importance of mechanisms like circuit breakers to manage extreme price swings, positioning Kioxia as a key player in the evolving global technology landscape.