Kioxia's Stock Soars: AI Demand Powers Massive Growth in NAND Flash
Analysis
Key Takeaways
- •Kioxia, a Japanese NAND flash maker, has seen its stock price increase by approximately 800% in the last year.
- •This surge is primarily fueled by the increasing demand for NAND flash memory, driven by the expanding AI sector.
- •Constrained NAND flash supply further enhances Kioxia's pricing power, contributing to its financial success.
“Kioxia's stock has gained around 800 per cent in the past 12 months”