Kioxia Q1 Financial Results Show 4500% Year-on-Year Increase in Net Profit Driven by Demand for AI Data Centers

ITmedia AI+ (Japan)·July 31, 2026·1 min read

AI Summary

Kioxia Holdings reported a net profit of 842.165 billion yen for the first quarter of the fiscal year ending March 2027, marking a staggering increase of 4506% compared to the same period last year. The surge in profit is attributed to strong demand for AI data centers.

This story was originally published in another language — the summary above is an English translation. Read the full article at the source.

View original at ITmedia AI+ (Japan)

Keep reading

New DMU research shows how AI soil monitoring could help farmers make every drop count in a warming world - De Montfort Universitydmu.ac.uk · 1h ago Artificial Intelligence: Between Singularity and Regulation, Americans Face a Dilemmaradioclassique.fr · 1h ago They are already laying the groundwork to take the lead: after 5G, semiconductors, and artificial intelligence, how the United States aims to win the next strategic battle against China over 6Gbfmtv.com · 1h ago Fareed Zakaria warns after the emergence of a new rogue AI model: It's time to impose regulationsarabic.cnn.com · 1h ago

Was this useful?