BRIEFINGS · Chips and AI hardware
Kioxia reports record revenue of 1.77 trillion yen on AI data center NAND demand
Kioxia, a Japanese NAND memory maker, reported record quarterly revenue of 1.77 trillion yen, crediting AI data center demand.
On 31 July 2026 Kioxia, a Japanese maker of NAND flash memory, reported record revenue of 1,767.1 billion yen for April to June, up 415.5% from the same period a year earlier, and above its guidance of 1,750.0 billion yen. That includes 59.1 billion yen of joint-venture sales. Non-GAAP operating profit was 1,326.2 billion yen. The company's presentation says NAND market growth continues to be fueled by AI-driven demand in data centers and enterprise (Kioxia presentation, 31 July 2026).
Why we file it. A major memory maker tied record results to AI data centers.
How we read it. Very strong demand, with revenue above the company's own guidance.
Why it matters to you: AI data centers need flash storage.
What this doesn't prove
Company figures: some revenue is joint-venture related.
Next fixture
- Whether second-quarter guidance holds.
Sources
Every figure above comes from these sources. Every briefing is checked against its sources before it publishes. Nothing here is a recommendation to buy or sell anything, and this is not investment advice. See the disclosures.
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