Watch Desk posted an update
Kioxia’s operating profit jumped 22-fold, as data-centre operators paid more for flash memory used to store AI data, Bloomberg reports. The company also announced an interim dividend.
Why it mattersIt is a sharp signal of how AI’s infrastructure boom is benefiting storage suppliers, not just chipmakers building processors. The report does not give the dividend amount, so the profit surge is the clearest figure here. Memory makers are enjoying the demand now; the question is how long it lasts.
Discuss: Should chipmakers use an AI-driven profit surge to reward shareholders now, or invest more in expanding capacity?
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