AI investment fuels robust demand for semiconductor memory Data center demand is driving sharp growth in Kioxia memory sales, while rising chip prices lift its smartphone business.
AI investment fuels robust demand for semiconductor memory Data center demand is driving sharp growth in Kioxia memory sales, while rising chip prices lift its smartphone business. TOKYO -- Kioxia Holdings said on Friday that it expects its consolidated net profit to surge 15-fold year on year to 1.36 trillion yen ($8.7 billion) in the October-December quarter of 2026 using International Financial Reporting Standards.