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AI-fueled storage boom lifts Japanese chipmaker to global outperformance
Explosive gains in Kioxia shares highlight how AI-driven memory demand and looming supply constraints are reshaping valuations across global semiconductor markets.
Surging demand for data storage driven by artificial intelligence workloads has propelled Kioxia Holdings Corp. to exceptional stock market performance in 2025. The Japanese NAND flash memory maker has seen its shares climb about 540 percent year to date, making it the best performing stock in the MSCI World Index and the top gainer on Japan’s Topix benchmark.