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Kioxia remains resilient with market cap in 30 trillion yen range, funds continue to support memory-related stocks

Fri May 22, 2026 9:11 am JST Catalyst

Kioxia Holdings Corp <285A> rose for a third straight day. The company, which surpassed a 30 trillion yen market capitalization the previous day, again demonstrated resilience. Trading value the previous day exceeded 3 trillion yen, drawing attention for its extraordinary volume. In subsequent U.S. trading, shares of peer SanDisk Corp surged more than 10%. Following NVIDIA Corp ’s earnings announcement, robust demand for AI semiconductors in data centers was again highlighted, further heightening expectations for memory chipmakers to achieve significant growth. Amid investor sentiment seeking to follow the strong momentum of memory-related stocks, funds appeared to continue flowing into Kioxia.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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