NAND

Kioxia (285A) Stock Analysis: The NAND Pure Play Riding the AI Storage Boom, in Cash Terms

by
Selected Kioxia application path: NAND wafers from the Yokkaichi and Kitakami joint operations, NAND dies, enterprise SSDs, then AI data centers. Embedded NAND for phones, cars and industrial systems and retail storage are separate uses. April–September 2026 revenue: 4,247.2 billion yen; IFRS operating profit: 3,264.7 billion yen.

Every AI model has to put its data somewhere. Kioxia Holdings, listed on the Prime Market of the Tokyo Stock Exchange under code 285A, makes the NAND flash memory that stores it — and in the six months from April to September 2026, the AI storage boom produced numbers that would have been unthinkable a … Read more