Kioxia's operating profit jumps 22-fold on AI data center flash demand

Kioxia Holdings reported a 22-fold surge in operating profit, driven by data center operators' willingness to pay more for flash memory chips. The company also announced an interim dividend.

• Kioxia's operating profit rose 22-fold in the reporting period
• Growth driven by data center demand for flash memory for AI workloads
• The company announced an interim dividend