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AI windfall lifts Kioxia to record highs, but NAND headwinds loom into 2025

Chiang, Jen-Chieh, Taipei; Levi Li, DIGITIMES Asia Monday 19 May 2025 0

Japanese NAND flash memory maker Kioxia reported a sharp earnings rebound for fiscal 2024 (April 2024 to March 2025), recording a net profit of JPY272.3 billion (approx. USD 1.9 billion) after a net loss of JPY243.73 billion the year prior.

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