Kioxia Forecasts 48-Fold Quarterly Profit Jump as AI Server Memory Demand Lifts Prices
Updated
Updated · Nikkei Asia · May 15
Kioxia Forecasts 48-Fold Quarterly Profit Jump as AI Server Memory Demand Lifts Prices
2 articles · Updated · Nikkei Asia · May 15
Kioxia said quarterly net profit is set to surge 48-fold, marking a sharp earnings rebound for the Japanese flash-memory supplier.
AI data centers are driving the upgrade: stronger demand for memory semiconductors is lifting both selling prices and shipment volumes.
The company said the flash-memory market's strength is expected to continue, reinforcing its upbeat near-term outlook.
Kioxia has been increasing its focus on advanced memory products used in AI servers, tying its growth more closely to the AI infrastructure buildout.
Is the AI memory boom a new industry standard, or is the market setting up for a historic crash?
As Kioxia prioritizes AI, what happens to the cost and supply of chips for everyday consumer technology?
Kioxia Projects Record ¥869 Billion Profit for April–June 2026 as AI Demand Fuels NAND Memory Surge
Overview
Kioxia Holdings is set for a record-breaking financial performance in the April–June 2026 quarter, driven by a rapid rise in NAND memory prices and a favorable exchange rate of 159 yen to the U.S. dollar. The weaker yen boosts the value of overseas profits when repatriated, further strengthening Kioxia’s results. As a result, the company forecasts a substantial net profit of ¥869 billion and an operating profit of ¥1.3 trillion. These factors combine to position Kioxia for unprecedented growth, reflecting strong market demand and strategic financial advantages.