Kioxia and other semiconductor-related stocks hold firm, buoyed by strong Micron earnings
Semiconductor-related stocks were broadly firmer, with Kioxia Holdings Corporation <285A>, ADVANTEST CORPORATION <6857>, and Tokyo Electron Limited <8035> among gainers. Micron Technology reported its fiscal fourth-quarter (Jun-Aug 2026) earnings after U.S. market close on Sep 30, posting sharp revenue and profit gains, while its Sep-Nov revenue and earnings per share outlook exceeded market expectations. Although Micron shares were mixed in after-hours trading, strong results reinforced awareness of robust demand from AI data center sectors, boosting appetite for semiconductor stocks in the Tokyo market. Lasertec Corporation <6920> and DISCO CORPORATION <6146> also drew buying.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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