🟢 KIOXIA is trading 11% up today as AI-chip buying extends U.S. chip rally

KIOXIA is trading at ¥13,940 (+10.59%) as buying in AI and semiconductor shares extended the prior U.S. chip-sector rally.

• KIOXIA rose alongside other chip stocks.
• A Japanese market report pointed to expected passive-fund buying linked to a TOPIX free-float adjustment, with demand anticipated in two installments; these are expected flows, not a new company announcement.
• Investors are watching KIOXIA’s October 30 results for April–September. No clear company-specific catalyst was identified.