- Kioxia’s Q2 FY2025 results showed revenue of ¥791 billion, down 13% YoY despite higher bit shipments, driven by falling NAND flash average selling prices (ASPs) and unfavorable FX effects, with operating profit plunging 55% to ¥131 billion.
- The earnings miss triggered an 18% drop in Kioxia’s shares (285A.T), erasing roughly ¥1.6 trillion in market cap, but spillover effects hammered US peers like $STX, $WDC, and $MU in pre-market trading, with combined losses estimated at several times that amount due to sector-wide pricing fears.
- Despite positive Q3 guidance for sequential revenue growth to ¥500-550 billion, the ASP decline amid ramped production questions the strength of AI-driven NAND demand, potentially tempering the memory sector’s “supercycle” optimism.
saab huvitav päev tulema, SNDK, WDC, STX, MU
Edit. imelik, ei näe küll et olek -18% see stock Tokyos…
Edit. leidsin lõpuks, IBKR näitab -20% hetkel, tasuta kanalitest ei leia