Kioxia financial performance and market outlook 2026
The developments in this story so far, most recent first.
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· date approximate Development
Kioxia forecasts $11.78 billion quarterly operating profit
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· date approximate Background
Kioxia reported an operating profit of 1.27 trillion yen in the April-June quarter.
Kioxia reported an operating profit of 1.27 trillion yen for the April-June quarter. This figure represented a 28-fold increase compared to the previous year.
The growth in performance was driven by strong memory chip sales for data centers and rising demand fueled by artificial intelligence investments.